European Housing Report 2021

Romania

THE COVID-19 IMPACT Since the start of the COVID-19 pandemic, sellers have been more reluctant to list their properties, and instead have taken a “wait and see” approach. This is anticipated to continue throughout 2021. More buyers are looking for larger houses in rural areas, in order to be closer to green spaces.

WHO WILL DRIVER DEMAND?

MARKET OUTLOOK (TOTAL MARKET)

5 %

2020

€102.750

• First-time buyers

2021 (Estimated)

€107. 888

PROPERTY TYPES SEEING MOST ACTIVITY

KEY FACTORS IMPACTING THE MARKET

• Affordability • Employment rates • Interest rates

• Apartments • Semi-detached houses

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Source: Survey of European RE/MAX independently owned and operated regional sub-franchises. To learn more about the 2021 RE/MAX European Housing Report, please visit www.REMAX.eu.