More than 50,000 new mortgage loans were granted in H1 2025, marking the best first semester in the last five years, according to an analysis by Ipotecare.ro and SVN Romania | Credit & Financial Solutions.
The total value of these new loans amounted to €3.2 billion, a 60% increase compared to the same period last year.
Including refinancings, the total value of mortgage loans granted in H1 2025 reached €5.56 billion, up 26% from H1 2024, according to National Bank of Romania (BNR) data. By the end of H1 2025, the total outstanding mortgage debt was €22.7 billion, with an annual increase of 5.5%.
Specialists at SVN Credit estimate a 7-8% increase in the total outstanding balance by the end of 2025, a level similar to that of 2021-2022. The average value of a mortgage loan also increased, from €62,000 in 2024 to €64,000 in 2025.
Alexandru Rădulescu, Managing Partner at SVN Romania | Credit & Financial Solutions, said: "The first half of the year was exceptional for the mortgage market—and this in a context where 2025 started very slowly, in a state of uncertainty, political tension, and numerous negative forecasts. We estimate that the second half of the year will be just as strong, with 2025 having all the makings of a record year for the Romanian mortgage market."
In terms of buyer preferences, 37% opted for homes completed between 2020 and 2025, while 33% chose properties built between 2010 and 2020. Only 10% were interested in homes completed between 1990 and 2010, and 20% chose houses built before 1990.
This trend is observed in a context where the number of real estate transactions decreased by 3.5% in H1 2025 compared to 2024.
