13.02.2013 - Residential property prices in Romania show signs of stabilization
Residential property prices in Romania decreased by “only” 0.8 percent in 2012 y-o-y and are showing signs of stabilization, according to the Residential Property Index put together by Eurobank Property Services’s (EPS) for the Romanian market. “At the end of another year of coverage the annual EPS residential price index for Romania clearly delivers a message of price stabilization, with a national price reduction of only 0.8 percent for 2012, following reductions of about 5 percent for 2010 and 2011. The quarterly index suggests that national market prices fell by 2.2 percent in the last quarter of 2012, but this may be well attributed to the seasonal fluctuations around a stable trend,” reads the report...............................................Full Article: Source
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