Housing prices in Romania indicate long-term growth trend, report says

Romania’s real estate market recorded a quarterly increase of 2.3% in the last quarter, marking a notable acceleration compared to the 0.4% growth registered in the previous quarter. The market recorded an average quarterly growth rate of 1.6% over the past year, highlighting the consistency and long-term strength of Romania’s residential sector, according to realty agency eXp Romania.

The eXp research focused on the average quarterly rate of housing price growth recorded over the past year on the national housing market, alongside more recent quarterly developments, in order to assess both short-term dynamics and long-term market performance. The assessment showed that the acceleration in growth recorded in the last quarter contributed to strengthening an already positive annual trend.