Housing market sees higher prices but lower demand

The asking prices for residential properties in Romania, both apartments and houses, increased overall with 1.4% in the second quarter of this year compared to the first quarter, says The growth rate was similar to that recorded in the first quarter, according to real estate portal, quoted by

Average apartment prices in Cluj-Napoca reached EUR 1,510 per sqm at end-June, up 1.9% compared to end-March and 14% compared to June 2017. In Bucharest, the average asking price reached EUR 1,280 at end-June, up 2.2% over March and 4.4% over June 2017.

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