Residential real estate transactions in H1 2024: Fewer transactions, but much higher values

Business Forum
VAUNT, the sales management platform dedicated to residential developers, which also develops a marketplace for investors interested in buying apartments in Europe, reported client transactions of around €210 million in the first months of the year. More than 70 clients manage over 20,000 properties for sale or rent through VAUNT, in addition to those already sold in the tech startup's 3 years of operation.

VAUNT facilitates the sales process for real estate developers through a series of modules it provides for lead management, marketing campaigns, closing contracts, transaction tracking and more.

In the first 6 months of the year, 14 new Romanian residential developers started using VAUNT. In total, VAUNT customers manage over 20,000 units on the platform. The most important trends of this half of the year, according to data aggregated by VAUNT, indicate:

  • Buyer's preference for 2-room apartments;
  • Fewer but more valuable transactions - the average value of a transaction being approx. €115,800;
  • The development of the city of Constanța as the next real estate hub, both for the residential market and for the other verticals.

The third quarter comes with positive results for VAUNT and its partners, who managed through the platform properties sold with approximately €103 million in transactions. VAUNT aims to expand its client portfolio both in Romania and in the region.

VAUNT Market, VAUNT's US expansion project

VAUNT Market emerged in a context where the local and regional markets have not yet fully stabilized, but the potential for return on investment is high.

VAUNT Market is a marketplace for properties in Europe, which also comes with know-how and support for those interested in purchasing one of the apartments curated by the VAUNT team. Interested investors currently have the option to sign up for a waiting list. After the marketplace is officially launched they will benefit from access to European properties, as well as advice on the purchase of an apartment.

"Romania's entry into the OECD brings benefits for the residential market. It will show that we are a stable country from an investment point of view, we will enter economic statistics, we will become much more attractive for new projects both residential and commercial or mixed," said Irina Constantin, CEO & Co-founder at VAUNT

RECOMMENDED
RE/MAX: Mortgage backed resi sales in Romania up in H1 2024
Real estate

RE/MAX: Mortgage backed resi sales in Romania up in H1 2024

Sales of homes funded by bank loans rose by 40% during H1 2024 compared to the same period of last year over the reduction of interest rates and the increase in transaction prices, according to transactions brokered by RE/MAX Romania.

RECOMMENDED FROM THE HOME PAGE
Romania sees surge in large company insolvencies
Finance

Romania sees surge in large company insolvencies

Romania's Q1 of 2026 marks a shift in economic pressure from small businesses to larger companies with significant economic impact. According to analysis by CITR, the country's leading insolvency and restructuring firm, 19 companies with assets exceeding €4 million each entered insolvency in Q1 2026, compared to just two in the same period last year.

Industry

Sphera Franchise Group posts sales growth in Q1 2026

Sphera Franchise Group, Romania's largest food service group, reported consolidated sales of €75.6 million in Q1 2026, up 4.2% compared to the same period last year. Growth was driven by the return to positive performance of KFC Romania and the strong evolution of Taco Bell.

Finance

BT posts 30% profit jump in Q1 2026

Banca Transilvania (BT) said its consolidated net profit reached RON 1.14 billion lei (€228 million) in Q1, representing a 30.1% increase compared to the same period last year. Total assets for the group expanded to RON 227 billion lei (€45.4 billion) as the institution neared the milestone of five million active customers.

Real estate

Arcadis signs major lease at Business Garden Bucharest

Vastint Romania has announced a new leasing contract with Arcadis Romania, which will occupy 1,183 sqm in building A of Business Garden Bucharest. The global design, engineering and consultancy company joins a growing community of international tenants at the development.

READ MORE
Business Forum  |  25 May, 2026 at 12:30 PM
Business Forum  |  22 May, 2026 at 6:00 PM