Apartment prices in major Romanian cities have increased significantly, while the supply of new housing has decreased drastically, which complicates accessibility.

According to the real estate consulting company Colliers, apartment prices in major cities in Romania have increased between 60% and 100%, with the highest increases in Iași (80%), Timișoara (90%), and Cluj (100%). In Bucharest, the number of building permits has decreased by 45% in the last three years, leading to a reduced supply of new housing. Although the average prices in Bucharest may seem affordable, the gap between buyers' budgets and the asking prices is greater than ever, causing many to seek housing in peripheral areas. Colliers anticipates further price increases, especially in the Capital, against the backdrop of declining supply and solid demand, despite the difficulties in accessing credit. Although the market does not show signs of a crisis similar to that of 2009-2010, the current challenges reflect a stage of market adjustment, with sustained demand driven by the housing deficit and overcrowding in large cities.