Real estate | 15 July, 2026 at 2:46 PM
Bucharest's residential market steadies, but buyers grow more selective
Bucharest's residential market recovered much of the ground lost after a weak start to 2026, ending the first half with apartment transactions down just 2% year-on-year, according to Colliers. Developers are also accelerating preparations for new projects, with the net floor area authorised for residential buildings in Bucharest increasing 3.6-fold in the first five months — the strongest pace in five years. Nationwide, however, apartment sales fell 9%, reflecting continued caution amid inflation, high financing costs and pressure on real incomes. Trends varied across regional cities: Cluj-Napoca recorded a 16% fall in transactions and Iași dropped 11%, while Timișoara posted a modest 3% increase.
