Prices of apartments in Romania are “exaggerated” - JLL Romania

The prices on the Romanian residential market are exaggeratedly high, in many cases unjustified, said Marius Scuta, head of the office department at JLL Romania on Thursday, in a meeting with the press. In the case of recession, or a correction of the market, the luxury sub-segment will probably remain in demand and the prices will decrease by 10%-15%, while the mass segment, which includes “matchboxes” (apartments with small surface sold at a lower price) that are built ...

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