The official data of the National Agency for Cadastre and Real Estate Advertising (ANCPI) shows that in April 2025 the number of transactions decreased significantly compared to the previous month. The reasons include economic uncertainties and presidential elections.
In April, the number of real estate transactions decreased. Photo: Adevărul archive
The official data of the National Agency for Cadastre and Real Estate Advertising (ANCPI) shows that in April 2025 the number of transactions decreased significantly compared to the previous month: Bucharest: -23%; Cluj: -24%; Timiș: -13%, Constanța: -20% transactions. All data can be consulted in detail on ultuiTaj.com.
According to a statement of the ANCPI, in April 2025, 49,911 buildings, with 6,325 less than March, were sold throughout the country. The number of houses, lands and apartments that were the subject of transactions in April is 11,807 lower than the similar period of 2024.
Most sales of buildings were recorded, in April 2025, in Bucharest – 7,490, Ilfov – 3,845 and Timiș – 2,677. The counties with the fewest buildings sold during the same period are Teleorman – 102, Alba – 286 and Ialomița – 291.
The number of mortgages, at national level, in April 2025, was 26,124, with 3,694 lower than April 2024. Most such operations were registered in Bucharest – 4,520, Ilfov – 2,468 and Timiș – 2,033. At the opposite pole are the counties of Covasna – 67, Sălaj – 82 and Harghita – 100.
The counties in which most agricultural lands were sold in the fourth month of 2025 are Dolj – 811, Brăila – 721 and Buzău – 667.
Reddit debate: “I still do not see the decrease … I was waiting for the choices”
Starting from this information, on the Reddit platform has debated to what extent the prices will start to lower.
“I have seen some offers of decreases in developers, somehow they see/foresee a collapse. I also draw some data from the market, in the last month I see that the world has bought in despair to block the money in something not to stay with cash that does not produce.
It was a statistics with the number of Ukrainians in Romania, the borders crossed about 5 million and officially in Romania are 183,000, they put pressure on the rents and no one wants to sell when they receive a big rent.
To see something concrete, we need a minimum recession 6 months + 10% Robor + to stop the War in Ukraine … and we see how low we can go, ” supported a user.
Another commentator claimed that “We need a minimum recession 6 months.”
Another user claims that the result of the elections also has an effect on the market: “It’s true what you say, the world doesn’t take it rational. That’s how the markets are. Of course, the market is stagnant, of course it is normal. At the same time, the world is clearly waiting for the result of the voters, it is true that this also contributes to the number of transactions – you cannot ignore it. Objective speaking, in the last year, where I look at the market (3 -room ap. In Cluj), the trading prices have increased. ”
“Anyone who will go out president, will still take austerity measures, so it becomes extremely unlikely that no. of transactions to increase and the prices will be slowly accommodated, at the lower request, becoming more competitive ”shows someone else.
“It is an absurdity to have prices from France in Romania”
Another user if prices continue to rise in the pace so far, in 5 years we will reach the level in France:
“Well, honestly I can no longer with you, especially those who have properties and ignore any logical argument just to feel what good investment they have made in their can. When I fall, I decrease that it is the Easter that they are vacant, when I called in January, I told me the agents that in December it was sold to the month that the price always climbs, it is effectively the darkness of the mind. In every direction you always give it “well.” Now to return to reality, to the pace at which it has grown it is perfectly normal to have some consequences, if it increases that 5 years there will be prices that in France, we being in a Balkan slum, which is of course absurdity to have prices in Romania, a small country with low incomes from the outskirts of Europe. So there will be some corrections, as well as when we will see. “
“To us, they will have a lot of money on a quote, made to cool”
Someone warns him that, at times, the prices in Bucharest are rivaling with important cities in Belgium or the Netherlands.
Someone else raises the problem of the poor quality of the apartments: “The biggest problem with us – and no one is talking about it. Well, I don’t have a problem to pay for a higher price, I can really swell, but to get something in return. Outside yes, high prices, salary, but also the blocks are made according to some standards and there are some clear, respected norms. To us, they want a lot of money on a quote, made at the cool. There is also the thing with the older apartments, for example without heating in the floor and other “news” – what is the justification? At the new ones, I understand, more expensive materials, underfloor heating, I know what ”.
“You are right. It is normal for the prices to stabilize a little and may even fall a little. It remains to be seen”, COMMISS OVER someone else.
A user claims that as long as the Romans in the big cities have high salaries, the prices will increase: “That is, without big problems, 2 young people from Bucharest with college can have together 3 thousand euros per month and these dreams of apartments under 100 thousand euros for 2 rooms in Bucharest and under 150 thousand in Cluj. “
Another user claims to be made a calculation of the costs of a construction/block/house: “I do not say that the prices would have no place to fall a little, but in no case where some dream. Or do you think you will buy under the price of construction/finish of this year?”
“The cost of work and materials has increased significantly in recent years and it does not matter the price at which something 5 years ago was built. A little hair comparison, but also if you bought gold 5 years ago, you will not sell it under the price of the market just because you took it much cheaper, you will try to get the best price” someone else replies.
“The world no longer makes loans because there are uncertainties at the level of economy”
“The volume of transactions is normal to decrease because the offer is lower. There is a decrease in sales and a correlation and between the fact that we do not have as many apartments for sale”, completes someone else.
“I who have actively searched an apartment in the last year and a half I had come to know all the agencies and real estate agents in the area.
I was so offended that I could not negotiate any money, moreover, I could not make figures, that they were waiting 3 at the door. A total delirium.
Another commentator claims that the reduction of transactions comes against the background of uncertainties in the economy:
“There is no collapse, it is a reduction in transactions, the world no longer makes loans because there are uncertainties at the level of economy, related to who you go out (and what government you form), at the same time confirmed with the reaction of the markets after the first round of elections, when Robor increased to 6.20 – 7, this being the main reason, which has a direct influence.
Large interest/uncertainty at the macro level -> fewer people allow a loan (or postpone from uncertainty) -> Decreases demand for housing (only in the long term will decrease prices and only on serious economic deficiencies).
In Urban the prices will never fall, it will go in time instead of a unitary volume (maybe only in the case of war or bankruptcy). ”
Another user claims that statistics published by real estate platforms misinform, showing that prices are in constant increase: “Yes, clear, lie that to break off immobiliare.ro: Look, nothing dropped. ” Another user has drawn attention to the fact that the index on Imobiliare.ro is “An altered metric because they measure the price displayed, not the trading price. The two are quite different.”
Another commentator claimed that the decrease is normal under conditions of political instability: “It is a psychological stress, then, the lion has been depreciated, the apartments are sold in euros. Then the prices have increased quite a lot, for energy, in utilities, in services. I hold with the price teeth will start to feel the pressure and they will need money, so they will have to lower the prices to sell..
