In Romania, housing demand is on the rise

In Romania, housing demand is on the rise, say developers and real estate pundits, but new developments have stalled as banks remain reluctant to finance residential projects. The good news for prospective buyers is that prices are stagnating too, and fluctuations of less than 5 percent are likely by yearend. Average asking prices for Bucharest apartments increased by 1 percent in the first semester of the year compared to six months ago, according to data from ...

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