Romanian home sales stagnate as Bucharest market declines

Business Forum
Over 119,500 residential units were sold in Romania in the first nine months of 2025, a similar level with that recorded in the same period of 2024 (down only 0.3%), according to a market analysis by SVN Romania and based on official statistics of the National Agency for Cadastre and Land Registration.

About 41,500 residential units were sold in Bucharest and Ilfov, down 3.4% compared to the first nine months of 2024. This result is an improvement compared to the 7.9% decrease registered after the first half of this year. Home sales registered in Bucharest decreased by 4.4% in the first three quarters of this year, while in Ilfov county was registered an increase of 2.2% in terms of residential units sold in the first nine months of 2025.

This result was recorded against a backdrop of declining home deliveries in the Bucharest – Ilfov region. There was a 3% decrease in the number of homes delivered during the first half of this year compared to the same period in 2024. The number of completed homes during this timeframe represents the lowest level observed over the past five years.

The sales peak registered in July, determined by the announced elimination of the VAT facilities for the purchase of new homes, positively influenced the total number of residential sales recorded in 2025. August also brought home sales increases. "The local residential market has once again proven its resilience and solid fundamentals, with the Q1 – Q3 results being very good considering all the negative elements that influenced homes sales," said Andrei Sârbu, CEO SVN Romania.

Constanța remained the most important regional residential market in Romania (excluding Bucharest – Ilfov region) considering the number of homes traded in the first nine months of 2025, with an increase of 17.4%. Cluj county came second, with an increase of 6.6%, followed by Timiș, with a decrease of 14.2% and Brașov, with a decrease of 8.5%.

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Business Forum  |  21 November, 2025 at 4:41 PM
Business Forum  |  21 November, 2025 at 4:38 PM