THE EVOLUTION OF REAL ESTATE MARKETS IN THE EUROPEAN COUNTRIES AND IN ROMANIA

CREÞU Raluca-Florentina and Adrian Anica-Popa

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2012, vol. 6, issue 1, 682-687

Abstract: The instability in the Euro zone keeps in standby the investors’ expectations regarding financing, constructions and sales on the real estate market. Despite all this, markets in every country behave differently and several of them have already shown positive signs for 2012. The real estate market in Romania is frozen due to the imbalance between the buyers’ budgets and the high prices required by the sellers. In fact, paradoxically, given the global economic and financial depression and the tightening of the loaning conditions, the owners of the apartments are more and more unabated in the negotiating process, or, moreover, they even significantly increased the prices during the past months.This study undertakes to show the real estate market in 2012 in various European countries, with more emphasis on Romania, and to draw the forecast of 2013. In order to reach these goals, we will use a quality analysis method, the survey and data grouping and comparison respectively. The main outcome of the research will be shown at the end of the study under the chapter regarding results and discussions, meaning the conclusions for end of 2012 and the forecast for 2013 in European countries facing various stages of the economic depression.

Keywords: real estate market; forecast; negotiation; transactions; capital market. (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:6:y:2012:i:1:p:682-687

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