Number of new homes delivered in Romania up 30% y/y in H1, Bucharest region grows faster

At the national level, a robust increase in the number of completed homes is also visible, of about 30%. The strongest increases, except for the Bucharest-Ilfov region, were recorded in the West (Arad, Caraș-Severin, Hunedoara and Timiș), at 85%, and in the Centre region (Alba, Brașov, Covasna, Harghita, Mureș and Sibiu), at 45%.

SVN Romania estimated earlier this year that 2026 could bring deliveries of more than 20,500 new homes in Bucharest and Ilfov, an increase of approximately 18.5% compared with last year, when the second-lowest number of homes was delivered in the Bucharest region in the past six years.

The number of new homes completed in 2025 stagnated in Bucharest compared with 2024 and decreased by 42% in Cluj-Napoca and by 29% in Braşov, the most expensive cities in the country in terms of real estate, according to INS data analysed by real estate platform Storia and cited by Ziarul Financiar.

The major cities in Romania are reportedly experiencing uneven development in terms of the number of homes built annually, according to the latest data published by INS for 2025.

At the national level, approximately 59,000 new homes were completed in 2025, 3.1% fewer than in 2024. However, data published at the city level indicated a series of major discrepancies, especially between Bucharest and the major cities in the country.

Thus, almost 9,400 new homes were completed in Bucharest last year, just 20 fewer than in 2024, meaning that this segment of the market is stagnating.

At the same time, more than 7,900 homes were completed in Ilfov, 4.4% more than in 2024, in a context where residential developments in Ilfov play an important role in housing supply in the capital region. In total, almost 17,300 new homes were completed in the Bucharest-Ilfov development region in 2025, 1.8% more than in 2024.