Residential: Is it a buyer’s market in 2012?

23 April 2012

Real estate professionals say there are signs of recovery on the market.
At the same time, many houses are now on sale at reduced prices.
Brokers are saying this will be a good year to buy, as recent studies show that while prices are difficult to judge, they appear to have stopped falling.
There are 24 percent more properties on sale in Bucharest than there were in 2006, while prices are sometimes half of what they were towards the end of 2007, according to a study by the real estate portal HomeFinders.ro.

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