Thus, July ended with a 4.4% increase against July 2023, this year’s biggest advance.
“As demand is rising, the growth pace of prices is also expected to pick up, the more so as net average wages have also increased by almost 13% in the past year,” said Andrei Sarbu, SVN Romania CEO.
The average price in July 2024 stood at EUR110,500, in line with ZF Real Estate Index compiled with SVN Romania.
Of the 13 Bucharest areas took into consideration, just three registered declined against June, while seven registered increases.
(English version by Catalina Apostoiu)