Unusually High Demand for Houses in July

The demand for houses in Romania has registered an important increase in July – a month traditionally low on demand in this industry. “The decrease of the real estate prices to a minimum level, the news about the depletion of the funds for the First Home program, the very low interest rates offered by banks and the statements of the Governor of the National Bank of Romania regarding the risk of a new real estate bubble that could lead to prices increase, made the Romanians go out shopping for homes”, shows a press release from the real estate website Imobiliare.net.

The website has registered in July an increased by 20% of the requests on the real estate market. The two-bedroom apartments have Read more