Thus, the prices average reached EUR117,000 in January, in line with ZF real estate index compiled together with real estate consultancy SVN Romania, EUR2,000 above the previous month’s average.
The 21% decline in deliveries of new housing units in the first nine months of 2024 will exert rising pressure on the market of Bucharest and Ilfov old apartments, a reason why consultants expect rising prices.
„2025 starts with the best new housing affordability in modern history, with falling interest rates and improved level of confidence in market evolution. And this is also reflected in the evolution of prices, influenced as well by the 7% annual deals increase in 2024 in Bucharest and Ilfov and the over 20% lower deliveries of new housing in 2024,” says Andrei Sarbu, SVN Romania CEO.
For the first time, Berceni and Militari started 2025 above the EUR100,000 threshold. Thus, areas with average prices of above EUR100,000 became dominant, with 8 out of 13.
(English version by Catalina Apostoiu)