The residential supply increased by 9.4% in the city in H1 2025, reaching approximately 4,300 units. However, new deliveries were significantly down in Q2 2025 compared to Q2 2024, falling by 58% in the city (from 3,300 units to 1,385 units) and an even steeper 74% in the surrounding area (from 1,380 units to 360 units).

New home transactions (built from 2010 onwards) in Bucharest continue to fall, suggesting a potential recalibration of demand due to high prices. In contrast, transactions in the surrounding area have seen a slight increase, indicating the area remains attractive thanks to competitive prices and available land for development.

Andreea Hamza, Head of Residential Advisory at iO Partners, said: "The decrease in demand has not stopped prices from rising, fuelled by increasing construction costs and a limited supply. Stable interest rates and buyers' fears of further price increases have maintained pressure on prices."

The report highlights differing dynamics between the city and surrounding areas.

Sales prices for properties in the city surged by nearly 9.3% in H1 2025, with the bulk of this growth recorded in Q2, reaching an average of €2,108 per sqm of usable area. Rental prices for new homes, however, remained stable at an average of €11.7 per sqm per month.

Currently, there are an additional 8,300 residential units planned for delivery by the end of the year in Bucharest and around 2,500 in Ilfov. This represents a 15% increase compared to the supply delivered in H2 2024, provided there are no delays or postponements.