New apartments are put for sale at EUR2,173/square meter in Bucharest and the price is 18% higher than a year ago.
However, the new apartments in Bucharest remain cheaper than those on the market in other cities. They are about 33% cheaper than those in Cluj-Napoca, where the average price is more than EUR3,200/square meter and 14% cheaper than those in Brasov.
In Brasov and Iasi, the new apartments were put up for sale at about 2% higher prices in April than in March. The prices were slower to rise but continued to do so in Timisoara and Cluj-Napoca, as well. The only big city to not see an increase in new apartment prices in April was Constanta.
(English version by Loredana Fratila-Cristescu)