real estate market
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Real estate market remains stuck to 2009 level
The statistics of notaries public on real estate transactions concluded last year did not reveal major changes to the situation recorded in 2009, with the market experiencing a relative stagnation.
Banks on real estate market: hundreds of auctions, only a few dozen properties sold
Raiffeisen Bank, one of the top-ranking banks by asset value, has organised auctions to sell foreclosed properties from clients no longer able to pay their instalments in each month of 2010,...
Apartment prices further down by 10% compared with last year
The real estate market has plunged again this summer, after hopes about a market rebound had emerged.After asking prices had maintained above 90,000 euros on average for a three-room apartme...
Crisis upsets initial sale plan for Polus Center Constanta
Austria's Immoeast investment fund, the most powerful investor on the Romanian real estate market, has entirely taken over the project of Polus Center mall of Constanta for 1 euro, also assu...
Ten hopes on the real estate market this year
The number of active construction sites is dwindling by the week. Some developers are halting works, while others are finalising their investments.
Real estate market to remain frozen unless home prices go down
Home prices have fallen by 40-50% over the last two years, but the city continues to be full of “for sale” ads hanging by the balconies of the blocks of apartments.
“Price was the problem, not housing demand. The market will rebound”
The Romanian real estate market has in recent years attracted a lot of foreign investors through the fast profits it brought, but this is not the model that will lead to long-term economic g...
Hergan: Interest in real estate market is returning
Businessman Alexander Hergan, who developed 35 projects such as Charles de Gaulle Plaza (the headquarters of Petrom and of Vodafone) through Avrig 35, and Iris Shopping Center in Titan, says...
Consultants look to logistic sector for real estate market rebound
Real estate consultants believe the logistic sector will be the first sector of the real estate market to unfreeze as demand for industrial space rises. Investments will be this way resumed,...