Although the Romanian real estate market seems to have slowed down in January 2022, the house prices in Romania are already significantly inflated, in some cases by tens of thousands of euros. This is the general conclusion of economic analysts on Romanian market.
Romanian real estate market slowing down in 2022?
Number of homes sold on Romanian market decreased in January 2022, from approximately 75,000 homes sold in December 2021, to a number of more than 50% lower. This is also a significant decrease in number compared to January 2021. More exactly, in numbers the decrease is of over 9,000 homes sold, according to the Romanian Cadastre Agency and Real Estate Advertising.
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