🇷🇴 Romania’s financial markets are under pressure as October begins. The leu has fallen to around 5.35 RON per euro on the interbank market, a new record low, while Romania’s foreign-exchange reserves declined by almost €5 billion in September. At the same time, the government is planning to borrow 5.8 billion lei in October to refinance debt and help finance the budget deficit. There are also some positive fiscal signals: the budget deficit for the first eight months of 2026 fell to 2.89% of GDP, compared with 4.51% in the same period last year. 📊 Key numbers to watch: • EUR/RON: ~5.35 • Budget deficit (Jan–Aug): 2.89% of GDP • FX reserves: €60.06 billion • October government borrowing plan: 5.8 billion lei The coming weeks could be important for Romania’s currency, borrowing costs and sovereign credit outlook. #Romania#Economy#Finance#RON#EURRON#Investing#Bucharest#Markets
🎙️ Corina Sfia from Imobiliare.ro at #SIB challenged me with a simple question: How does the market feel this autumn and what comes next? ▶My answer? The market is active. Capital is there. Demand is there. But the buyer has changed: more informed, more selective, looking beyond today’s price towards #location, #quality, #timing & long term #value.
🏙At the same time, the gap between demand and new supply is becoming one of the key forces shaping the market, particularly in high-demand areas, where quality inventory remains limited. We also talked about what’s next for North Bucharest Investments, the new opportunities coming to the market and where we see potential developing over the next 3–5 years. Because in real estate, what you buy matters. But when and where you buy can make all the difference.
🎥Great conversation with Corina Sfia & Imobiliare.ro, always good to exchange perspectives on where the market is today and where it is heading next!
🏙Today at the Opening Conference of #SIB#2026, we talked about where the #residential#market stands today and, more importantly, where it is heading. The market remains active, but buyers have clearly become more selective. They compare #projects, #locations, #financing options and #developers more carefully, looking beyond the purchase price to understand the long-term #value of a #property.
📊At the same time, #supply remains under pressure. In Q1 2026, total residential supply in Bucharest was 34% lower than a year earlier, while the supply of new homes decreased by 31%. Real estate is no longer just a conversation about price. Project quality, location, infrastructure, financing, liquidity and long-term potential are becoming increasingly important.
🎙It was a pleasure to share the stage with Radu Berevoianu representing the Camera Notarilor Publici București, Andrei Cazacu from Imobiliare.ro Finance, Razvan Ionescu from Imobiliare.ro, Ivan Bogdan Cosmin from the Romanian Association of Real Estate Developers – URBANIS, and representatives of the #ANPC
For us at North Bucharest Investments understanding these changes early means helping our clients make better-informed decisions about their next purchase or investment. The next few years will be less about simply buying property and much more about choosing the right property, in the right place, for the right reasons.
📍 SIB 2026 | Palace of Parliament | September 25–27
📉 Oil is up. 📈 Rates may stay high. 🏠 Romanian apartment prices are still refusing to read the room.
This weekend’s financial news basically said:
“Borrowing is expensive, inflation is annoying, geopolitics is complicated… anyway, have you seen the price per sqm in Cluj?” 😅
Romanian real estate continues to be its own special universe.
Infrastructure is improving, investors are still watching the market, and residential prices remain surprisingly resilient.
The 2026 investment strategy?
✅ Watch interest rates ✅ Watch energy prices ✅ Watch infrastructure ✅ And apparently… never underestimate a Romanian apartment owner’s confidence in their asking price.
📉 Oil is up. 📈 Rates may stay high. 🏠 Romanian apartment prices are still refusing to read the room.
This weekend’s financial news basically said:
“Borrowing is expensive, inflation is annoying, geopolitics is complicated… anyway, have you seen the price per sqm in Cluj?” 😅
Romanian real estate continues to be its own special universe.
Infrastructure is improving, investors are still watching the market, and residential prices remain surprisingly resilient.
The 2026 investment strategy?
✅ Watch interest rates ✅ Watch energy prices ✅ Watch infrastructure ✅ And apparently… never underestimate a Romanian apartment owner’s confidence in their asking price.
