Asking prices of apartments in Romania were up 2% in August compared to the previous month to €1,508 per sqm, according to property portal Imobiliare.ro.
Prices went up in five Romanian cities, with Bucharest leading the growth trend with 2% last month. While apartments in the Romanian capital had average prices of €1,569 per sqm, Cluj-Napoca remained the most expensive residential market with prices of around €1,973 per sqm.
In other cities, price gains ranged from 0.4% in Timișoara to 0.9% in Brașov and 1.1% in Iași.
The price increases came after three months in which the market was stable in major cities.
Between January and August, residential prices grew by an average of 12%, according to Imobiliare.ro index.
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