More than 13,200 houses and apartments were sold in Bucharest and the surrounding area in the first three months of the year, down 4.3% compared to the same period in 2024, according to an analysis by the real estate consultancy company SVN Romania based on statistics from the National Agency for Cadastre and Real Estate Advertising (ANCPI).Over 11,200 homes were traded in Bucharest in the first quarter, down 5.4% compared to the same period last year, while 1,960 homes were sold in the Ilfov County, up 2.4% compared to the first three months of 2024.The different annual variations between the two areas can also be explained by the decrease in the number of new homes completed in Bucharest, simultaneously with the delivery of an increasing number of homes in the surrounding localities of the capital city."The first quarter of 2025 was a good one for the largest residential market in Romania, despite a 4.3% lower result compared to the same period last year, in a context in which the beginning of 2025 was marked by socioeconomic uncertainties but also by a prolonged period of holidays at the beginning of the year. The decrease in supply, corroborated with a demand that remained at a high level, led to even higher pressure on transaction prices. However, potential buyers seem to have already adapted to the new prices, the affordability of buying a home still remaining at a good level," commented Andrei Sarbu, CEO of SVN Romania.Approximately 18,000 new homes could be completed in Bucharest and its surroundings this year, according to SVN Romania, a level as low as that recorded in 2024, when the capital region saw the lowest number of homes delivered in the last five years.Almost 37,000 houses and apartments were sold in Romania in the first three months of this year, down 4.9% compared to the same period last year. Most residential units were transacted in Constanta, Cluj and Timis, official statistics also show.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
