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Evolution Of The Romanian Residential Market After Outbreak Of The Current Economic And Financial Crisis

Author

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  • Steliac Nela

    (Babes-Bolyai University, Cluj-Napoca, Faculty Of Economics And Business Administration)

Abstract

The residential market is one of the market sectors seriously affected by the current economic and financial crisis. This is mirrored both in the fall of real estate trading prices and in the decreased number of transactions and cutback of newly built constructions. This trend is applicable to the entire spectrum of the residential market (luxury properties and homes destined to average-income customers). Romania is no exception from this European and world-wide state of affairs. This paper aims to briefly outline the trends on the Romanian residential market in the aftermath of the current crisis.

Suggested Citation

  • Steliac Nela, 2013. "Evolution Of The Romanian Residential Market After Outbreak Of The Current Economic And Financial Crisis," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 266-272, April.
    • Handle: RePEc:cbu:jrnlec:y:2013:v:2:p:266-272
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    References listed on IDEAS

    as
    1. Vasile DEDU & Tiberiu STOICA, 2011. "The Monetary Policy and the Real Estate Market," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(12(565)), pages 5-14, December.
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