Price of dwellings up by 0.8% in Q1 2019

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The price of residential properties in Romania has increased in the first quarter of 2019 by 0.8% against Q4 2018, being close to the level in 2010, a new market report by ‘Analize imobiliare’ reads.

The analysis reads that in the large regional centers the prices of flats increased during January-March 2019, although in the two previous quarters the increase was below 2%.

The cities with the highest price increases for flats are:

  • Brasov – 2% in Q1 and 8.3% in the past 12 months, with an average of EUR 1,100 per square meter;
  • Cluj Napoca – 1.7% and 6.4% annually, EUR 1,560 per sq m;
  • Bucharest – 1.3% and 5.7% annually, EUR 1,320 per sq m;
  • Timisoara – 5.1% annually;
  • Constanta – 3.8% annually;
  • Iasi 3.7% annually.

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