by Property Forum | Residential

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.