Roughly 14,200 homes could be sold in Bucharest during the fourth quarter of 2026, up 23% from the same period last year, Crosspoint Real Estate estimated. Even under a conservative scenario, sales would reach roughly 12,800 units, an annual increase of 11%.
The forecast followed a recovery in September and October after a cyberattack on Romania’s cadastre systems temporarily blocked property transactions during July and August.
“Following two months affected by the transaction freeze, the market quickly recovered lost ground,” said Ilinca Timofte, head of research at Crosspoint Real Estate.
“The strong rebound in September and October, combined with the traditionally active year-end season, leads us to estimate that the final quarter will be the best of 2026.”
Bucharest recorded 4,563 home transactions in September, 18.5% more than a year earlier. Sales reached 4,857 in October, an annual increase of 19.6% and the highest monthly figure of 2026.
Together, the two months generated 9,420 transactions, up 19.1% compared with the same period of 2025.
Crosspoint estimated that the market will end the year with approximately 43,800 transactions, compared with 46,321 in 2025. This would reduce the annual decline to around 5%.
“The summer slowdown was caused by the temporary inability to complete transactions, not by a lack of buyers,” Ilinca Timofte said. “As soon as activity resumed, sales rose above last year’s level.”
In the first ten months of 2026, 34,460 homes were sold in Bucharest, down 11.3% year-on-year. Crosspoint estimated that approximately 5,500 transactions were postponed because of the cadastre system disruption.
Before the interruption, the market had almost eliminated the gap recorded at the start of the year. After falling 16.6% in the first quarter, sales increased by 2.2% in April, 15.9% in May, and 26.4% in June compared with the corresponding months of 2025.
New housing supply also expanded, with 10,773 residential units completed in Bucharest and Ilfov during the first half of 2026, up 54% year-on-year. Crosspoint linked part of the increase to developers accelerating construction and deliveries before the July 31 deadline for certain buyers to benefit from the reduced 9% VAT rate.
In the third quarter, the average asking prices exceeded EUR 2,600 per sqm for new homes and stood at approximately EUR 2,300 per sqm for existing properties. New-home prices were 22% higher than a year earlier.
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