Q3 2026 Market REcap: Bucharest Residential Market
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Bucharest-Ilfov’s residential market slowed sharply in Q3 2026: transactions fell 36.7% in Bucharest and 35.1% in Ilfov year-on-year, amid ANCPI reporting disruptions and weaker affordability. Prices still edged up, with selling prices 6.1% higher than a year ago, while new supply continued to recover.
The market slowed sharply. Transactions fell 36.7% in Bucharest (5,068) and 35.1% in Ilfov (1,470) year-on-year, amid ANCPI reporting disruptions and softer demand. Another quarter is needed to confirm the trend. Weaker affordability is pushing buyers toward existing homes, rentals and more affordable housing.
Prices and rents are still edging up. Selling prices are 6.1% higher than a year ago and 2.1% higher since the start of the year, at an average of €2,318 per usable sqm. Prices and rents rose in all sectors, except flat rents in Sectors 5 and 6. Sector 1 is the most expensive (€3,865/sqm) and Sector 6 the most affordable (€1,935/sqm).
New supply keeps recovering. Deliveries in Bucharest rose 74% to 2,405 units in Q3, while Ilfov fell 78% to 250 units. For 2026, supply is expected to reach 13,800 units in Bucharest and 5,655 in Ilfov.
Head of Living
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