Romanian Real Estate: Trend Shows Downwards

Professional Services › Real Estate ♦ Published: January 20, 2014; 23:34 ♦ (Vindobona)

In 2014, apartment prices in Romania are expected to decrease further. However, the downward trend will decelerate slightly, according to experts.

Romanian Real Estate: Trend Shows Downwards / Picture: © Vindobona.org

 

Since the outbreak of the financial crisis in 2008/09, the Romanian real estate market shrank drastically. Last year, property prices continued to drop further. In the last twelve months, property prices fell by 6% in Romania.

In contrast to the property market, prices for farmland rose enormously. In the phast two years, farmland prices rose by approximately…

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