During the “Sector-Specific Trends part 2” panel discussion held at CEDER 2025, the panellists discussed the resilience of the Romanian residential real estate sector amidst the current market uncertainties. Moderator Daniel Tudor, Founder & CEO of The Concept Group, set the stage by noting Romania is at a critical point where “residential demand is strong, […] investors are active, but the real challenge is no longer just about building more, […] it's about building better.” Adrian Stoichina, Co-CEO & Partner at Prima Development Group, affirmed the sector’s resilience, stating, “the Romanian residential market is truly resilient in this period [...] due to the fact that it has grown organically over the past years’’. He added that considering the medium-term view of two to three years, “I don't think we[‘ll] see any volatility”, although short-term fluctuations may occur. Several factors underpin this resilience. Yannick Van de Parre, Country Manager at Speedwell, highlighted Romania's “strong selling points”, including its affordability compared to other European markets, like Poland, and the prevalence of cash buyers, which provides stability and reduces the risk of panic selling seen in over-leveraged markets. Leonidas Anastasopoulos, Co-Founder & Managing Partner at Alesonor, agreed, stating Romania is “a very affordable market for acquisition of residential still, and it has become more affordable” as disposable income has grown faster than prices, contributing to stability. Buyer behaviour also reflects this stability. Simona Guțiu, Founding Partner at the Notarial Office EQUITY, observed that “the regular Romanian buyer who is decided […] and entered into agreement will not step back. It's business as usual”. While clients are somewhat more stressed by external factors, they proceed with transactions if they receive answers from professionals that give them trust and after rigorous checks of the legal documents. Victor Terheș, Sales Director at Bellemonde, noted that, while the market is “emotionally anchored”, resilience is about “the ability to adapt to people[’s] needs”. He nuanced this opinion by adding that “the market will absorb all the current situation and people will still buy, but very important[ly], they will selectively buy from the ones that usually deliver”. Andreea Dumitru, Chief Marketing Officer at Hagag Development Europe, emphasised the fundamental demand present on the market, stating that “everybody has and will continue to have the need to live somewhere […], so residential is resilient, is here to stay and it's going to stay here for generations”. This consistent demand, coupled with a shortage of quality housing stock, supports the market. Luciana Giurea, Head of Residential at AFI Europe Romania, pointed to the resilience of the built-to-rent sector: “our first built-to-rent project in Romania is going to have new clients almost every year for many years to come.” She noted that the way to ensure this is by paying attention to “what was missing for the people that were renting” and fulfilling those needs, particularly long-term commitment, security through registered contracts, and stability via inflation-adjusted rents.