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Colliers: Old apartment prices in Bucharest down while new apartments stagnated in May this year

de V.O.
Vineri, 13 iunie 2008, 17:38 English | Business

Prices of old apartments in Romania capital Bucharest dropped by an average of 5% in May this year as compared to April as a result of fewer transactions on the market, according to a monthly analysis by real estate consultancy company Colliers Residential Division. The data show a stagnation of prices for new apartments in Bucharest for the same period.

The monthly real estate index BREI launched by the company recently, the only Bucharest district to report an improvement of prices is District 3 - but the boost is limited to 2%.

District 6 has the lowest prices, according to the same report.

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