01.13.2015

The local construction market, one of the hardest hit during the crisis, further declined last year, by 10-15%, to 8.2-8.6 billion euros, according to data provided by the Romanian Association of more

01.06.2015

Romanian housing permits went down 16.3% to 2,715 units in November, from 3,243 units a month earlier, the country’s statistics institute INS said Tuesday. more

12.30.2014

Residential developers will continue investments in 2015 and see 2014 as the end of the crisis on the residential market, as demand has risen, fueled by cheaper lending and the government-backed First more

12.12.2014

Real estate developer Maurer Imobiliare completed 90 apartments in a residential compound in Sibiu (central Romania) and plans to complete another 180 units by November 2015. more

12.11.2014

Real estate developers will complete over 7,000 housing units in various residential projects in and around capital city Bucharest this year, according to Coldwell Banker Affiliates of Romania, which more

12.05.2014

The number of houses and apartments completed in the Bucharest-Ilfov area rose by 84% in the third quarter of the year and by 64% in the first nine months, according to data published by the more

12.04.2014

Romanian housing construction rose 7.4% to 28,555 units in the first nine months from the year-earlier period, on rising investment in urban areas, the country’s statistics institute INS said more

11.28.2014

Romanian housing permits went down 15.9% to 3,243 units in October, from 3,858 units a month earlier, the country’s statistics institute INS said Friday. more

10.30.2014

The developer that planned to build around 1,200 homes in the Casablanca Residence project in Bucharest has entered insolvency, at the request of lender Alpha Bank. more

10.30.2014

The local housing sector stalled this year as well, while state-funded thermal rehabilitation works also registered a decline, so that polystyrene producers mainly counted on small works carried out more

10.29.2014

Two Romanian businessmen are investing EUR3 million in an apartment building that will have around 90 apartments, located near Bucharest's Tineretului Park. more

10.29.2014

The number of residential construction permits rose by 35% to 4,721 in Bucharest-Ilfov region in the first nine months of the year, while witnessing a slight decline of 0.2% to 29,000 countrywide. more

10.28.2014

Romanian housing permits went up 6.6% to 3,858 units in September, from 3,618 units a month earlier, the country’s statistics institute INS said Tuesday. more

10.28.2014

Impact Developer & Contractor (IMP.RO), a real estate company controlled by businessman Gheorghe Iaciu, has built nine five-story apartment buildings in the Greenfield residential complex in Baneasa, more

10.24.2014

Shareholders of real estate developer Euromall will invest EUR6 million in the construction of a luxury apartment building in downtown Bucharest, the first of a series of luxury projects the Israeli more

10.23.2014

The decline of housing prices in Romania has come to an end, as the market has stabilized, while prices might even increase soon, according to Eurobank Property Services' Residential Property Index. more

10.23.2014

The price difference between old and newly-built apartments in the same area in capital Bucharest has halved to 11% in the first nine months of the year, but the gap widened in other major cities in more

09.30.2014

Romanian housing permits went down 5% to 3,618 units in August, from 3,807 units a month earlier, the country’s statistics institute INS said Tuesday. more

09.09.2014

Real estate developer Adama, owned by Austria's Immofinanz, has finished construction of the last stage, which cost EUR1.7 million, on its Copou Bellevue residential project din Iasi, eastern Romania. more

08.28.2014

Romanian housing permits inched down 0.4% to 3,807 units in July, from 3,824 units a month earlier, the country’s statistics institute INS said Thursday. more

07.29.2014

Romanian housing permits rose 2% on the year to 17,749 units in the first year-half, the country’s statistics institute INS said Monday. more

07.03.2014

Over 40% of the apartments in the residential compound Asmita Gardens in Bucharest, under insolvency, are still unsold six years since the compound was open and the average sale rate this year was more

06.30.2014

Romanian housing permits rose 6.3% to 3,586 units in May, from 3,372 units a month earlier, the country’s statistics institute INS said Monday. more

06.19.2014

The average prices for newly-constructed apartments in Romania’s main cities fell by up to 50% since 2008, with the biggest price drop registered in Bucharest, according to real estate portal more

05.28.2014

Romanian housing permits rose 5.1% to 3,372 units in April, from 3,207 units a month earlier, the country’s statistics institute INS said Wednesday. more