Asking prices for homes in Romania fell on average by 0.6% in April compared to the previous month to €1,425 per sqm, according to data from Imobiliare.ro.
In Bucharest, prices were down 0.5% to €1,500 per sqm, while in Cluj-Napoca the prices gained 1% to an average of €2,421 per sqm. On the Brașov market, asking prices for apartments fell by 0.4% to €1,590 per sqm, while in Constanța they were up by 0.3% to €1,469 per sqm.
Apartment price developments were mixed in April. In no other month this year have we seen such different swings.
”Apartments’ prices developments were mixed in April. In no other month this year have we seen such different swings,” said Dainiel Crainic, Marketing Director of Imobiliare.ro.
While in Iași prices were up 0.5% to an average of €1,376 per sqm, in Timișoara home prices were flat at €1,465 per sqm.
