Residential Property Prices for Romania
QRON628BIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.56
Year-over-Year Change
15.71%
Date Range
1/1/2009 - 1/1/2025
Summary
The Residential Property Prices for Romania index tracks changes in the price of residential real estate across the country. This metric is a key indicator of the health and performance of the Romanian housing market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Residential Property Prices for Romania index is a quarterly measure of the average price level for residential properties, such as houses and apartments, in Romania. It is used by policymakers, analysts, and investors to gauge trends in the domestic real estate sector.
Methodology
The data is collected and calculated by the Bank for International Settlements using a weighted-average approach across major urban areas.
Historical Context
Residential property prices are closely monitored as they can signal broader economic conditions and influence consumer spending and investment decisions.
Key Facts
- Romania's property prices have risen by over 40% since 2015.
- The capital city of Bucharest accounts for nearly 40% of the national index.
- Residential property makes up over 60% of total real estate value in Romania.
FAQs
Q: What does this economic trend measure?
A: The Residential Property Prices for Romania index tracks the average price level for houses, apartments, and other residential real estate across the country.
Q: Why is this trend relevant for users or analysts?
A: Residential property prices are a key indicator of housing market conditions and broader economic performance, influencing consumer spending, investment, and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bank for International Settlements using a weighted-average approach across major urban areas in Romania.
Q: How is this trend used in economic policy?
A: Residential property prices are closely monitored by policymakers, economists, and investors to assess the state of the housing market and broader economic conditions.
Q: Are there update delays or limitations?
A: The Residential Property Prices for Romania index is published quarterly, with a typical 2-3 month delay in data availability.
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Citation
U.S. Federal Reserve, Residential Property Prices for Romania (QRON628BIS), retrieved from FRED.