The annual increase reached 7.9% in August 2022 from August 2021, with the average price gap amounting to EUR8,050 and the growth pace slightly slowing from the previous month.

On the other hand, while in 2021 monthly increases stood at 3-5%, 2022 has brought strong advances, of 7-9%. However, the growth pace of above 9% in May and June slowed down as inflation has increasingly made its mark over the local economy.

Of the 20 areas of Bucharest taken into account, the biggest declines were registered in 13 Septembrie, by EUR5,000, Berceni-EUR3,000, Crangasi-EUR3,000, as well as Drumul Taberei-EUR3,000 and Oltenitei-EUR2,000.

The highest increases were recorded in Colentina, EUR2,000, Mihai Bravu-EUR6,000 and Militari-EUR4,000.

Out of the 20 areas taken into account, 12 reached or overshot the EUR100,000 threshold.

Moreover, the price average has already neared EUR110,000 only one year after the EUR100,000 mark was hit.

(English version by Catalina Apostoiu)