About 74,500 residential units were sold in Romania in the first six months of this year, down 3.4% from the figure recorded in the first half of 2024, according to a market analysis issued by real estate consultant SVN Romania based on official statistics of the National Agency for Cadastre and Land Registration. Almost 25,700 residential units were sold in Bucharest and Ilfov, down 7.9% compared to the first half of last year. This decline was determined by the low volumes in Bucharest, down about 10% compared to H1 2024, while residential sales registered in Ilfov increased by 5% compared to the same period of 2024. The different annual variations between the two areas can also be explained by the decrease in the stock of new homes available for sale in Bucharest, simultaneously with the delivery of an increasing number of homes in the neighbouring localities of the Capital city. “2024 saw the lowest number of residential unit deliveries in Bucharest and its surroundings in the last five years. For this year we estimate an equally low volume of deliveries, a factor that is already showing its negative effects on home sales in the region. The decline in home deliveries is the biggest problem for Bucharest’s residential market – at a national level, for example in Cluj-Napoca, a market which is more expensive than Bucharest, more homes were sold in the first half of 2025 compared to the same period of 2024. And, unfortunately, the delivery issue in Bucharest will not improve in the short term,” said Andrei Sarbu, the CEO of SVN Romania. Constanta became the second residential regional market in Romania in terms of residential sales (after the Bucharest–Ilfov region), with an annual increase in sales of 23.6% in H1 2025. Next in the ranking is Timis county, were residential units sold in the first half of this year decreased by an annual rate of 4.5%. Cluj is next, with residential sales registered here being 12.7% higher than those registered in the first half of last year, while Brasov saw an annual decline of 9% in the first semester of 2025.
Maramureș International Airport in northern Romania has submitted a funding request for the implementation of a renewable energy project aimed at constructing a 2.5 MW photovoltaic park and an integrated battery storage system. The application was officially filed on July 14, according to the official announcement. The investment will cover the airport’s full electricity needs […]
Romania will face some of the most severe economic consequences of heatwaves in Europe, with projected losses expected to exceed -2.5% of GDP by 2055–2064 due to lowered labor productivity, according to research published in Nature Communications and quoted by Euronews. ...
The Bucharest City Hall is inviting residents to take part in a blood donation session on Monday, July 21, organized in partnership with the Bucharest Blood Transfusion Center. The event will take place at the City Hall headquarters on Regina Elisabeta Boulevard. Throughout the session, medical staff from the Blood Transfusion Center will be on-site […]
Romania attracted roughly EUR 391 million in real estate investments during the first half of 2025, marking only a slight 6.5% decrease compared to the same period last year (EUR 418 million). Despite the dip, H1 2025 ranks as the second-best performing first semester in the past 12 years, standing 30% above the long-term average, […]
The Bucharest Airports National Company (CNAB) announced on Tuesday, July 15, that it has begun modernization, replacement, and capital repair works on the passenger boarding and disembarkation bridges at Henri Coandă International Airport, Bucharest’s main airport. The works consist of installing three new bridges and modernizing seven of the existing ones. At the end of […]
Local authorities in the mountain town of Râșnov, in Brașov County, have begun installing an electric fence to protect residents from bears that come down from the forest to scavenge for food. According to Râșnov Town Hall representatives, the measure comes as a result of increasingly frequent 112 emergency calls from citizens reporting the presence […]
