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Romanian housing market sees supply drop, pushing prices up and increasing rental demand.
Colliers' report shows a 15% drop in new home deliveries nationwide and over 20% in Bucharest in 2024, despite a 7% rise in demand.
House prices in Bucharest increased by 23% to 1,850 EUR/sqm, with housing supply down 33%.
Limited new supply and rising costs are pushing more Romanians towards renting.
Over 170,000 apartment transactions were recorded in 2024, a 40% increase from 2018-2019.
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El mercado inmobiliario rumano ve la caída de la oferta, empujando los precios hacia arriba y aumentando la demanda de alquiler.