10.15.2013

The Romanian Pool of Insurance against Natural Disasters (PAID), which issues mandatory home insurance policies, might be listed on the stock exchange to increase its capitalization, Daniel Tudor, more

10.09.2013

Most of wall and floor tile sales go to the residential market, which is currently frozen because of how difficult it is to get a loan and because of the lack of economic policies to encourage more

10.01.2013

Romania’s major household appliances market is expected to grow by 4% to 5% in 2013 and exceed the threshold of EUR300 million following a 10% increase in product prices, Whirpool Romania’s more

09.18.2013

Israeli company AFI Europe, owner of AFI Palace Cotroceni mall in Bucharest, is building a 800 square-meter extension of the H&M store. In the extension the retailer will sell both clothes and home more

09.17.2013

Prices of homes in Romania fell some 7% in the first eight months of the year and Bucharest registered the highest price decrease, according to imobiliare.ro. more

09.11.2013

Home prices in Cyprus, Greece and Romania registered the sharpest declines in Europe in the first half of 2013 compared with the similar interval a year ago, according to a survey conducted by more

09.10.2013

The Romanian Pool of Insurance Against Natural Disasters (PAID) issued nearly 105,000 mandatory home insurance policies in August, reaching a portfolio of 421,707 contracts, up 33.1% from July 31. more

09.03.2013

Apartment rents in Bucharest fell by up to 4% in August, as 10% more apartments were up for rent last month compared with the similar interval a year ago, according to website anunturiparticulari.ro. more

08.29.2013

Construction firm HoneyWood, which entered Romania this spring, hopes to sell locally 30 to 50 eco-homes made of wood annually in the following four years. more

08.13.2013

Romania’s government will increase funding for this year’s edition of the state-guaranteed First Home mortgage lending program by extra 200 million lei (EUR45.2 million) for the acquisitions of more

08.07.2013

Insurers that are not part of the Romanian Pool of Insurance Against Natural Disasters (PAID) will be allowed to sell mandatory home insurance policies under collaboration protocols with PAID, the more

08.01.2013

“First home” mortgage loans, which will be granted only in lei according to the latest changes to the state-guaranteed mortgage lending program, could go up by an average 8%, considering the new more

07.30.2013

Romania will increase funding for the state-guaranteed First Home mortgage lending program by 1 billion lei (EUR227 million), of which RON300 million will be available for the acquisition of homes more

07.16.2013

Real estate developer Maurer Imobiliare will start developing a residential compound with 1,600 homes in Sibiu in July on a 10-hectare plot of land it bought this year. more

06.25.2013

Romanian authorities are looking to increase funding for the state-guaranteed First Home mortgage lending program, as current financing is estimated to be depleted in September-October, and a decision more

06.19.2013

Over 70% of Romanians interested in buying a home want to make the acquisition through the state-guaranteed First Home program, as they are not eligible for other mortgage loans, therefore home prices more

06.18.2013

Financing through this year’s state-guaranteed First Home mortgage lending program has reached EUR490 million and 13,000 beneficiaries, and the remaining EUR300 million will be depleted in three more

06.13.2013

Cluj-Napoca is the only large city in Romania where apartment prices increased over the past year, while in Constanta, Ploiesti, Timisoara, Brasov and Bucharest homeowners reduced prices by up to more

06.03.2013

The state-guaranteed “First Home” program launched in 2009 is close to running out of funds, with EUR160 million left for loans. Banks have granted 92,000 “First home” loans out of a total more

05.29.2013

Romanians who want to sell or rent their homes will be obliged starting July 20 to present the building’s energy efficiency certificate to prospective buyers or tenants. more

04.29.2013

Residential property prices rose slightly in Romania in the first three months of the year, after a mild decrease in the previous quarter, according to EFG Eurobank. more

04.16.2013

The local home appliances market might show the first signs of having overcome the crisis at the end of this year, says Mioara Bolozan, marketing manager of Whirlpool Romania. more

04.15.2013

Romanian lender BRD Groupe Societe Generale granted mortgage loans totaling over EUR900 million under the government-backed First Home program, between the summer of 2009 and the end of the first more

03.27.2013

Financing granted through the state-supported “First Home” program has reached EUR3.18 billion and the default rate is currently 0.1%, according to the National Fund Guaranteeing Loans for Small more

03.20.2013

A little more than 852,000 houses and apartments have been built in Romania in the last 23 years (1990-2012) or only 10% of the current stock of 8.5 million homes. The figure raises a question: can more