Report: Developers sell 550 new houses in 6 months. 4,000 left
Tuesday, August 9, 2011
Developers sold 550 houses in the first part of the year in residential areas in Bucharest, 7% less than in 2010, while 4,000 units are still available, a Colliers report shows.At the end of June about 4,000 new houses were still unsold in the residential market in Bucharest in projects of 200 units. The analysis took into account only projects in advanced construction stage or completed. Compared to 2010, when 2000 houses were added to the stock, only 200 housing units were completed in the ...