The rise in asking prices comes after almost six years of constant decline and amid a sizeable cut of mortgage loan rates, which is partly responsible for driving up demand.

Asking prices went up each month this year, except for July, when fewer for sale ads were published. They returned to growth in August and September, when they were 1.5% or EUR1,100 higher.

Three-room apartment prices start at EUR56,000 in Drumul Taberei, a district in the west side of Bucharest and are as high as EUR117,000 on Unirii Boulevard in the center of the city, according to the ZF Index.

(English version by Loredana Fratila-Cristescu)