Housing prices in major Romanian cities have increased by 60%-90% in the last six years, while the number of building permits has decreased by 45% in Bucharest, limiting the supply.

The analysis of the real estate consulting company Colliers shows that housing prices in major cities in Romania have increased significantly, between 60% and 90% in the last six years, with Cluj experiencing a record increase of 100%. This price increase, combined with a 45% decrease in building permits in Bucharest, makes affordable apartments increasingly difficult to find. Consultants emphasize that, although demand remains strong, administrative bottlenecks and high construction costs limit the supply of new housing.

Additionally, many potential buyers are postponing purchases due to high borrowing costs, turning to renting, which intensifies competition in this segment. If interest rates decrease and salaries increase, the market could experience a new phase of rapid growth in the coming years, but current bottlenecks could amplify pressure on prices.