Romania real estate market sees 14.4% price surge amid inflation

Romania has recorded the highest annual increase in residential property prices in Europe at 14.4%, according to the Deloitte Property Index 2026. Despite this surge, the country remains one of the most affordable markets in the region, with an average price of 1,917 euro per square meter, trailing only Turkey, Serbia, and Albania.

In major Romanian cities, Cluj-Napoca maintains the highest average price at 3,137 euro per square meter, followed by Brașov and Bucharest. Bucharest specifically saw a 15.3% annual increase.

Economic pressures continue as inflation in Romania reached 6.61% in September 2026, driven largely by an 11.12% rise in service costs. Experts note that wage growth is struggling to keep pace with these rising costs, impacting real income and household consumption.