Piața rezidențială din România a încetinit în prima jumătate a anului

The Romanian residential market has slowed down in the first half of the year, with a 9% drop in sales nationally, though still above pre-pandemic levels. Bucharest saw a slight decrease in transactions, while Cluj-Napoca and Iași experienced more significant declines. The limited supply of new housing remains a key constraint, with only 59,000 units delivered nationally in 2025, the lowest since 2017. However, Bucharest shows signs of improvement with a significant increase in authorized residential space. Construction activity is up by 16%, but rising material costs and inflation pressure buyers to be more cautious. The market remains resilient, with a stable job market supporting demand, although administrative delays can impact transaction timelines. Overall, while prices have risen, the market is characterized by increasing disparities between projects and cities.