23 August 18:05
Apartment prices in Chisinau have risen, but sales have dropped significantly, limiting buyers' access.
Călin Nicolescu
Republic of Moldova
Foto https://www.facebook.com/primariachisinaumd/photos?locale=ro_RO
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The National Bank of Moldova's report shows an increase in the average price of apartments, but a 34.4% drop in transactions. Experts point out that high prices are caused by inflation, higher material costs and red tape. They estimate that without an increase in supply and stabilization of the economy, prices could reach €2,000 per square meter. Experts suggest speeding up planning procedures and improving access to land to stabilize the housing market.
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