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.
Former US first lady Michelle Obama, the wife of Barack Obama, was in Bucharest on Thursday, September 18, to serve as the main guest at the second edition of the Impact Bucharest series of conferences. The former first lady spent about an hour in front of a large audience, speaking about her childhood in a […]
Czech president Petr Pavel spent a few days in Romania at the beginning of September while on holiday. According to statement by the Romanian Embassy in Prague, the Czech leader traveled mountain routes by motorcycle and chose modest accommodations. Pavel tried to see as much of what Romania had to offer. He planned his routes, […]
Romania is taking tangible action toward its green transition through sustainable infrastructure projects, public‑private partnerships and green bonds. Experts, government officials and business leaders have gathered today at the CES Bucharest ESG Conference, to present progress and identify solutions through which the public and private sectors can collaborate to build a sustainable and competitive economy. […]
Prime minister Ilie Bolojan announced that he will visit Brussels next week to talk to three European commissioners about deficits, defense, and EU financing. The first meeting will be with the commissioner for economy, Valdis Dombrovskis, as Romania “must adjust the issues related to deficits to be a trustworthy country, so as not to continue […]
A large majority of Romanians, namely 85%, have heard of celebrated composer George Enescu, according to the third edition of the Informat.ro – INSCOP Research Barometer conducted earlier this month. However, the survey shows a slight decline in cultural awareness compared to 2013, particularly among younger generations. The
The volume of trade between Romania and China was almost USD 9.3 billion in 2024, according to official statistics. Trade between the two, however, is not balanced. Romania registered a USD 7.7 billion deficit with China, and a USD 2.1 billion deficit in the first quarter of 2025 as well. The People’s Republic of China […]
