Romania: Prices on Bucharest’s secondary residential market remain on a downward trend

Prices on Bucharest’s secondary residential market will remain on a downward trend and could drop by an estimated 20 percent, said Stefan Gheorghiu, general manager of Impact SA during the 12th edition of the Focus on Real Estate event organized by BR this Wednesday.Prices...

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Romania: Prices on Bucharest’s secondary residential market remain on a downward trend



Simona Bazavan - Business Review - 22.11.2012

Prices on Bucharest’s secondary residential market will remain on a downward trend and could drop by an estimated 20 percent, said Stefan Gheorghiu, general manager of Impact SA during the 12th edition of the Focus on Real Estate event organized by BR this Wednesday.
Prices are still too high given the quality of the units put on sale and owners continue to have unrealistic demands, he explained.
Source: business-review.ro


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