The price of older apartments in Bucharest continues to climb amid declining availability of new housing. Data from the ZF Real Estate Index, compiled in collaboration with SVN Romania, shows that the average price for an old three-room apartment built between 1978 and 1990 reached EUR 127,462 in June 2025. This represents an increase of nearly EUR 4,400, or 3.6%, compared to May, and a rise of over EUR 18,500, or 16.8%, compared to June 2024. Andrei Sârbu, CEO of SVN Romania, noted that residential market demand has returned to typical levels after experiencing a slowdown during the period surrounding the May elections. Sârbu also indicated that the current pace of price growth has exceeded earlier forecasts from SVN, which had projected an average increase of approximately 15% for the year. He attributed the stronger-than-expected rise to a significant reduction in new housing supply and higher prices in the new-build segment, prompting some buyers to turn to the secondary market. Source: zf.ro