In Bucharest, the number of homes sold reached just over 11,200, a 5.4% decrease compared to the same period in 2024, shows data from the National Agency for Cadastre and Land Registration.

The surrounding Ilfov county, however, saw a slight increase of 2.4% with 1,960 homes sold. This discrepancy is attributed to a decrease in new home completions in Bucharest, contrasted with a rise in deliveries in the localities bordering the city.

Nationwide, approximately 37,000 homes were sold in Q1 2025, marking a 4.9% year-on-year decline. Despite this downturn, certain regions maintained stronger activity, with Constanța, Cluj, and Timiș registering the highest volumes of residential transactions.

“The decrease in supply, coupled with the demand that remained at a high level, led to even higher pressure on trading prices. However, the sales evolution shows us that potential buyers have already adapted to the new prices, in a context in which the affordability of purchasing a new home remained at a good level,” said Andrei Sârbu, CEO of SVN Romania.

Looking ahead, SVN data indicates that approximately 18,000 new dwellings are expected to be completed in Bucharest and its surroundings in 2025, mirroring the low delivery levels of 2024 – the lowest in the past five years.