Housing Index in Romania increased to 161.75 points in the first quarter of 2025 from 158.36 points in the fourth quarter of 2024. 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 Q1 2025 about Romania, residential, HPI, housing, price index, indexes, and price.

Residential Property Prices in Romania increased 5.20 percent in March of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Romania Residential Property Prices.

Residential property prices in Romania increased slightly in 2022, but when accounting for inflation, there was a decline in prices. The selling price of an apartment in the Central European country increased by **** percent nominally. The inflation adjusted annual price change was negative **** percent as of the fourth quarter of the year.

Key information about House Prices Growth

• Romania house prices grew 7.0% YoY in Sep 2022, following an increase of 8.5% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2010 to Sep 2022, with an average growth rate of 3.0%.
• 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.

Romania - House price index was 4.90% in March 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 August 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.

House Price Index YoY in Romania increased to 4.90 percent in the first quarter of 2025 from 4 percent in the fourth quarter of 2024. This dataset includes a chart with historical data for Romania House Price Index YoY.

The house price index in Romania peaked in the fourth quarter of 2024 at 158.36. It increased by roughly six percent since the same quarter of the previous year.

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.

House price index in Romania, March, 2025 The most recent value is 135.56 index points as of Q1 2025, an increase compared to the previous value of 132.22 index points. Historically, the average for Romania from Q1 2009 to Q1 2025 is 100.97 index points. The minimum of 80.33 index points was recorded in Q3 2014, while the maximum of 135.56 index points was reached in Q1 2025. | TheGlobalEconomy.com

The House Price Index (HPI) measures price changes of all residential properties purchased by households. The lowest figure was in the third quarter of 2020 at **** percent. In the second quarter of 2024 it registered a growth of only *** percent compared to the previous quarter.

The nominal house price index in Romania's capital peaked in 2009 at *****. Following a slight decrease, the house price index in Bucharest reached the value of ***** by 2023.

Graph and download economic data for Real Residential Property Prices for Romania (QROR368BIS) from Q1 2010 to Q4 2024 about Romania, residential, housing, real, and price.

Romania - House price index, deflated was 1.20% in March 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, deflated - last updated from the EUROSTAT on July of 2025. Historically, Romania - House price index, deflated reached a record high of 7.50% in September of 2016 and a record low of -19.50% in December of 2010.

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

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

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.

The average transaction price of new housing in Europe was the highest in Norway, whereas existing homes were the most expensive in Austria. Since there is no central body that collects and tracks transaction activity or house prices across the whole continent or the European Union, not all countries are included. To compile the ranking, the source weighed the transaction prices of residential properties in the most important cities in each country based on data from their national offices. For example, in Germany, the cities included were Munich, Hamburg, Frankfurt, and Berlin. House prices have been soaring, with Sweden topping the ranking Considering the RHPI of houses in Europe (the price index in real terms, which measures price changes of single-family properties adjusted for the impact of inflation), however, the picture changes. Sweden, Luxembourg and Norway top this ranking, meaning residential property prices have surged the most in these countries. Real values were calculated using the so-called Personal Consumption Expenditure Deflator (PCE), This PCE uses both consumer prices as well as consumer expenditures, like medical and health care expenses paid by employers. It is meant to show how expensive housing is compared to the way of living in a country. Home ownership highest in Eastern Europe The home ownership rate in Europe varied from country to country. In 2020, roughly half of all homes in Germany were owner-occupied whereas home ownership was at nearly ** percent in Romania or around ** percent in Slovakia and Lithuania. These numbers were considerably higher than in France or Italy, where homeowners made up ** percent and ** percent of their respective populations.For more information on the topic of property in Europe, visit the following pages as a starting point for your research: real estate investments in Europe and residential real estate in Europe.

Key information about Romania Real Residential Property Price Index Growth

• Romania Real Residential Property Price Index Growth was reported at -0.994 % in Sep 2024.
• This records a decrease from the previous number of 1.496 % for Jun 2024.
• Romania Real Residential Property Price Index Growth data is updated quarterly, averaging -1.497 % from Mar 2010 to Sep 2024, with 59 observations.
• The data reached an all-time high of 9.742 % in Jun 2016 and a record low of -18.602 % in Dec 2010.
• Romania Real Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly: YoY %.

The nominal house price index in Romania variated over the observed period. The lowest index was registered in 2014 at ****. Subsequently, the house price index increased up to ***** in 2023.