03.02.2015

Bucharest is the only large city where apartment prices continued to drop this year, especially after a 8.4% drop in asking prices in new residential compounds, while the old apartment market saw a more

02.27.2015

Romanian housing permits were up 6.4% to 1,674 units in January, from 1,573 units in the same month of 2014, the country’s statistics institute INS said Friday. more

02.11.2015

The number of homes put up for sale in Bucharest in January rose by more than 70% compared to January 2014, and supply rose 81% in central, semi-central and the northern parts of the city, where more

02.04.2015

Romanian Ministry of Regional Development and Public Administration will take a EUR175 million loan from Council of Europe Development Bank (CEB), to build 9,000 apartments for youths under 35 with more

02.04.2015

Primavera Development, a company controlled by Tanasoiu family and Dutch-born Eelko Kortaweg, will start developing its first housing project this year, in northern Bucharest. It also plans to open more

02.02.2015

The first month of the year brought about a rising trend in asking prices for apartments in large Romanian cities, with a maximum growth of 17.4% in Cluj-Napoca, while prices in Bucharest dropped more

01.28.2015

Romanian authorities issued 37,672 housing permits in 2014, 0.3% fewer than in the previous year, the country’s statistics institute INS said Wednesday. more

01.27.2015

Radu Ionescu, a Romanian engineer who has lived in Switzerland for the past almost 30 years, last autumn took over, together with other local construction industry entrepreneurs, Laguna Residence, a more

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