Real estate consultant SVN expects housing deliveries to remain low in Bucharest this year

Approximately 18,000 new homes are expected to be completed in Bucharest and its surrounding areas in 2025, according to the "Romania Residential Market Genome" report by real estate consultant SVN Romania. This figure matches the low level seen in 2024, which marked the lowest number of residential deliveries in the past five years.

Almost 17,000 new homes were completed in the Bucharest-Ilfov region in 2024, down 19,3% from 2023, according to the National Institute of Statistics (NIS). SVN Romania estimated in its spring report issued a year ago that approximately 17,500 residential units could be delivered in 2024 in the region.