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Real estate developer ARQA sold 50 percent of ARQA Jolie Village project in Bucharest
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BucharestBucurestiRomaniaIancu-nicolaeLibra-bankChief-sales-officerDue to the current economic uncertainty of Covid-19, 2020 is proving to be an interesting time for the housing market and its effects on real estate market trends. Whether you’re thinking of selling your home, buying a home or are just interested in the housing market, this article will help you understand the real estate market, especially in Bucharest.
Let’s have a look at what happened in major cities on the housing market in 2019:
In Bucharest the average selling price of apartments rose by 5.84% (1.73% inflation-adjusted) y-o-y to 1,413€ per sq. m.
In Cluj-Napoca apartment prices rose sharply by 10.1% (5.82% inflation-adjusted) y-o-y to 1,712€ per sq. m.
Cluj-napocaClujRomaniaBucharestBucurestiCambridgeCambridgeshireUnited-kingdomOtopeniRomania-generalPiperaRomanian