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Romania's National Statistics Institute to publish first report on real estate prices by end of 2008

de A.C.
Vineri, 4 iulie 2008, 18:36 English | Business

Romania's National Statistics Institute will publish by the end of the year the first report containing real estate price indexes, the institution's president Vergil Voineagu informed on Friday, quoted by Romanian news agency NewsIn. The project on the residential real estate system will be financed through PHARE  funds and reports will be published each quarter. 

The institute plans to set up on its website an application where each citizen can calculate its own statistical indexes. Thus, the institute's methodology becomes transparent and credible. Officials declare that a similar application exists in Britain.

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