Key information about House Prices Growth

• Romania house prices grew 4.7% YoY in Jun 2025, following an increase of 4.9% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2010 to Jun 2025, with an average growth rate of 6.2%.
• House price data reached an all-time high of 8.5% in Jun 2022 and a record low of -17.1% in Dec 2011.

CEIC calculates House Prices Growth from quarterly Residential Property Price Index. The National Institute of Statistics provides Residential Property Price Index with base 2015=100. House Prices Growth covers Residential Settlements only. House Prices Growth prior to Q1 2017 is calculated from Residential Property Price Index with base 2009=100.

Housing Index in Romania increased to 162.38 points in the second quarter of 2025 from 161.75 points in the first quarter of 2025. This dataset provides - Romania House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Residential Property Prices for Romania (QRON628BIS) from Q1 2009 to Q2 2025 about Romania, residential, HPI, housing, price index, indexes, and price.

Residential Property Prices in Romania increased 4.50 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Romania Residential Property Prices.

Graph and download economic data for Real Residential Property Prices for Romania (QROR628BIS) from Q1 2009 to Q2 2025 about Romania, residential, HPI, housing, real, price index, indexes, and price.

The Romanian housing market has seen a remarkable shift over the past two decades, with the time required to purchase an apartment in Bucharest dropping significantly. In 2008, it took an average earner nearly 33 years to afford a home in the capital. Fast forward to 2024, and that timeframe has shrunk to just *** years, marking a dramatic improvement in housing affordability for Bucharest residents. One room in Cluj or three in Arad? While Bucharest's housing market has become more accessible, other Romanian cities show varying degrees of affordability in their rental markets. Cluj-Napoca consistently ranks as one of the most expensive cities for renters, with one-room apartments averaging *** euros per month and two-room apartments reaching *** euros monthly as of October 2024. In contrast, Arad offers more budget-friendly options, with three-room apartments available for *** euros per month on average. Homeownership high as always Despite the improving affordability in Bucharest, Romania maintains a high rate of homeownership. The country has historically seen owner-occupancy rates above ** percent, though this figure slightly decreased to **** percent in 2022 before rebounding to **** percent in 2023. Interestingly, property price inflation has moderated in recent years. The House Price Index showed minimal growth of *** percent in the second quarter of 2024 compared to the previous quarter, a stark contrast to the negative inflation rate of **** percent observed in the third quarter of 2020. This stabilization in property prices may contribute to the sustained high levels of homeownership across the country.

Romania - House price index was 4.70% in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - House price index - last updated from the EUROSTAT on December of 2025. Historically, Romania - House price index reached a record high of 8.50% in June of 2022 and a record low of -14.00% in December of 2011.

View quarterly updates and historical trends for Romania House Price Index. Source: Eurostat. Track economic data with YCharts analytics.

Comprehensive real estate market data and investment metrics for Romania

Romania - Housing cost overburden rate: Tenant, rent at market price was 28.30% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Housing cost overburden rate: Tenant, rent at market price - last updated from the EUROSTAT on December of 2025. Historically, Romania - Housing cost overburden rate: Tenant, rent at market price reached a record high of 72.70% in December of 2012 and a record low of 28.30% in December of 2024.

Companies operating in the third-party real estate industry have had to navigate numerous economic headwinds in recent years, notably rising interest rates, spiralling inflation and muted economic growth. Revenue is projected to sink at a compound annual rate of 0.6% over the five years through 2025, including an estimated jump of 1.2% in 2025 to €207.6 billion, while the average industry profit margin is forecast to reach 35.1%. Amid spiralling inflation, central banks across Europe ratcheted up interest rates, resulting in borrowing costs skyrocketing over the two years through 2023. In residential markets, elevated mortgage rates combined with tightening credit conditions eventually ate into demand, inciting a drop in house prices. Rental markets performed well when house prices were elevated (2021-2023), being the cheaper alternative for cash-strapped buyers. However, even lessors felt the pinch of rising mortgage rates, forcing them to hoist rent prices to cover costs and pricing out potential buyers. This led to a slowdown in rental markets in 2023, weighing on revenue growth. However, this has started to turn around in 2025 as interest rates have been falling across Europe in the two years through 2025, reducing borrowing costs for buyers and boosting property transactions. This has helped revenue to rebound slightly in 2025 as estate agents earn commission from property transactions. Revenue is forecast to swell at a compound annual rate of 3.7% over the five years through 2030 to €249.5 billion. Housing prices are recovering in 2025 as fixed-rate mortgages begin to drop and economic uncertainty subsides, aiding revenue growth in the short term. Over the coming years, PropTech—technology-driven innovations designed to improve and streamline the real estate industry—will force estate agents to adapt, shaking up the traditional real estate sector. A notable application of PropTech is the use of AI and data analytics to predict a home’s future value and speed up the process of retrofitting properties to become more sustainable.

Real residential property prices Y-on-Y, percent change in Romania, March, 2025 The most recent value is 0.24 percent as of Q1 2025, an increase compared to the previous value of -0.98 percent. Historically, the average for Romania from Q1 2010 to Q1 2025 is -2.64 percent. The minimum of -18.6 percent was recorded in Q4 2010, while the maximum of 9.74 percent was reached in Q2 2016. | TheGlobalEconomy.com

Graph and download economic data for Harmonized Index of Consumer Prices: Actual Rentals for Housing for Romania (CP0410ROM086NEST) from Dec 2000 to Oct 2025 about Romania, rent, harmonized, CPI, housing, price index, indexes, and price.

Context

As a Computer Science student willing to continue its studies in Bucharest, I decided to take a look at what the real estate market has to offer in this city. The main focus was to gather some data on the rental prices, since I didn't intend to buy a house any sooner (something way too expensive for me at the moment haha). However, out of curiosity, I tried to take a peek at house prices, so there is some data on that part too.

Content

The data contains different details extracted from renting house advertisements, like location area, house comfort, number of rooms, construction year etc. All of the information has been collected during September 2020, for Bucharest, RO.

Acknowledgements

All the data has been collected from www.imobiliare.ro thanks to a personal small Node.js application which I carefully constructed so that it would not harm the platform's server with too many requests at a time (also the reason why the entire data collecting process has taken a ridiculously long time).

Data Rights

This dataset was originally intended just for personal use, and maybe for some university personal projects. In case you need to use this data for any kind of research, let me know. Since all the data was made publicly available through advertisements, and no sensitive data has been taken, there should not be problems regarding data rights, as long as imobiliare.ro is recognized as the original data creator.

Romania - Severe housing deprivation rate: Tenant, rent at market price was 1.80% in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Severe housing deprivation rate: Tenant, rent at market price - last updated from the EUROSTAT on November of 2025. Historically, Romania - Severe housing deprivation rate: Tenant, rent at market price reached a record high of 53.00% in December of 2015 and a record low of 1.80% in December of 2023.

Among the factors that influence mortgage interest rates are inflation, economic growth, monetary policies, the bond market, lenders' stability, and the housing market's overall conditions. The mortgage interest rate in Romania fluctuated during the period under observation, with an upward trend from the second quarter of 2017 onwards. The first quarter of 2023 reached the highest value recorded — **** percent; by the fourth quarter of 2024, it dropped to **** percent.

Romania - Harmonised index of consumer prices (HICP): Actual rentals for housing was 160.10 points in September of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Harmonised index of consumer prices (HICP): Actual rentals for housing - last updated from the EUROSTAT on October of 2025. Historically, Romania - Harmonised index of consumer prices (HICP): Actual rentals for housing reached a record high of 160.10 points in September of 2025 and a record low of 18.98 points in December of 2000.

Romania Price to Rent Ratio: sa data was reported at 105.906 2015=100 in Dec 2024. This records a decrease from the previous number of 108.438 2015=100 for Sep 2024. Romania Price to Rent Ratio: sa data is updated quarterly, averaging 111.883 2015=100 from Mar 2009 (Median) to Dec 2024, with 64 observations. The data reached an all-time high of 140.668 2015=100 in Dec 2009 and a record low of 97.263 2015=100 in Jun 2014. Romania Price to Rent Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Romania – Table RO.OECD.AHPI: House Price Index: Seasonally Adjusted: Non OECD Member: Quarterly. Nominal house prices divided by rent price indices

Romania - Selected residential property prices, Nominal, Year-on-year changes, in per cent

Geneva stands out as Europe's most expensive city for apartment purchases in early 2025, with prices reaching a staggering 15,720 euros per square meter. This Swiss city's real estate market dwarfs even high-cost locations like Zurich and London, highlighting the extreme disparities in housing affordability across the continent. The stark contrast between Geneva and more affordable cities like Nantes, France, where the price was 3,700 euros per square meter, underscores the complex factors influencing urban property markets in Europe. Rental market dynamics and affordability challenges While purchase prices vary widely, rental markets across Europe also show significant differences. London maintained its position as the continent's priciest city for apartment rentals in 2023, with the average monthly costs for a rental apartment amounting to 36.1 euros per square meter. This figure is double the rent in Lisbon, Portugal or Madrid, Spain, and substantially higher than in other major capitals like Paris and Berlin. The disparity in rental costs reflects broader economic trends, housing policies, and the intricate balance of supply and demand in urban centers. Economic factors influencing housing costs The European housing market is influenced by various economic factors, including inflation and energy costs. As of April 2025, the European Union's inflation rate stood at 2.4 percent, with significant variations among member states. Romania experienced the highest inflation at 4.9 percent, while France and Cyprus maintained lower rates. These economic pressures, coupled with rising energy costs, contribute to the overall cost of living and housing affordability across Europe. The volatility in electricity prices, particularly in countries like Italy where rates are projected to reach 153.83 euros per megawatt hour by February 2025, further impacts housing-related expenses for both homeowners and renters.