Prices of residential properties increased in four out of six major urban areas of Romania in February, due to strong demand, according to Imobiliare.ro data, Cluj-Napoca retaining its position as the country’s most expensive city to invest in a home, according to Business-Review.eu.
Data show prices rose in February for new and old houses alike, with Bucharest recording the highest month-on-month rate of 2.8 percent, to EUR 1,302 per square meter.
Cluj-Napoca retained its position at the top of the price list, even if the average price declined slightly last month to EUR 1,460/sm.
Timișoara is the third most expensive housing market in Romania, with EUR 1,167/sm, up 0.7 percent.
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