After a 1.3 percent decline in December, house prices showed a positive development in the first month of 2023. The average asking price for an apartment nationally increased by 0.9 percent during January, from EUR 1,400 to EUR 1,413 per usable sqm.
In January, the expectations of apartment sellers in Bucharest reached an average of EUR 1,500 per usable sqm, down 0.3 percent compared to the end of December (when they cost EUR 1,504 per sqm), according to Imobiliare. ro.
Homes in older blocks have appreciated by 0.1 percent over the past 30 days, but over the past 12 months have appreciated by 2.4 percent. New apartments, on the other hand, reached, at the beginning of 2023, a price of EUR 1,440 per useful sqm, in the conditions of a monthly depreciation of 4 percent and an annual evolution of 3.7 percent.
Source: Profit.ro
