Romania: Real Estate Sector in Difficulties

Published: September 18, 2013; 18:27 · (Vindobona)

In the first eight months of 2013, property prices were down by 7%.

Romania: Real Estate Sector in Difficulties / Picture: © Flickr

The downward trend in Romania´s real estate sector goes on. From January to August, average prices for apartments were down by 6.95%. This is less than initially expected. Nevertheless, the negative trend accelerates. In 2012, the prices decrease came at 1.3% while the real estate prices were down by 4%. This war reported by the Romanian website imobiliare.ro.

In Romania´s…

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