The residential market from Bucharest and its surroundings registered in 2020 a new year with record results regarding deliveries. Over 16,000 new residential units could be delivered overall in 2020, thus setting a new local record, according to ”Romania Residential Market Genome 2020” report issued by real estate consultant SVN Romania.
Although the emergency period blocked real estate transactions, including in the residential market, the residential segment recovered rapidly from May, the total number of transactions in the first nine months of 2020 decreased by only 8% compared to the same period of the previous year.
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