House prices in Romania, 23% below 2007 peak level

Romania posted the second-sharpest decrease in house prices in the EU, in the first quarter (Q1) of this year, compared to Q1 2007: 23.6%, after Greece (-35.6%) and before Ireland (-17.5 %), according to Eurostat. Meanwhile, rents increased by 55% in Romania in the same period, more than twice the average increase in the EU. A significant consequence is the higher yield derived by investors who rent their properties in 2020, ...

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