Bucharest apartment sales nearly recover after weak start to 2026, Colliers says

15 July 2026 Bucharest's residential market recovered much of the ground lost earlier this year, with apartment transactions in the first half of 2026 down just 2% year-on-year, according to data analyzed by real estate consultancy Colliers. Nationwide, however, apartment sales declined 9%, reflecting continued caution among buyers amid inflation, high borrowing costs, and pressure on household incomes. The company also noted a significant increase in development activity in the capital, with the net floor area authorized for residential buildings in Bucharest rising 3.6 times in the first five months of the year compared with the same period last year, marking the strongest pace in five years. Apartment sales varied across Romania's major cities. Transactions fell by 16% in Cluj-Napoca an