Real Estate: Inflation and Ukraine crisis driving real estate prices up by double digits in 2022

The Romanian residential sector saw a 16 percent increase in the average price per square metre in 2021, and the trend appears to have continued since the beginning of 2022. Last year, price hikes were supported by the high demand for apartments and houses, but now they seem to be a consequence of the rising cost of construction materials.   Prices for construction materials rose by about 50 percent last year, leading to a ...

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