Apartment and house prices: a third under 10 years ago
 
 
Apartment and house prices: a third under 10 years ago

The growth rate recorded last year was lower than in 2016. During 2017, the claims of homeowners in Romania - both apartments and homes - have kept their upward trend. According to the Quarterly Market Report published by Real Estate Analytics, the platform launched and supported by Imobiliare.ro, residential properties are, on the whole, 9.1% more expensive than in the previous year. It is worth mentioning that this figure marks a downward trend in the rhythm of the local residential market as compared to 2016, when it recorded an advance of 12.4%. Although they recovered much of the decline recorded during the economic recession, domestic homes are on average 31.5% cheaper than 10 years ago (Q4 2007)[read full article]source:imobiliare.ro