Friday, 8 May 2026
Bucharest’s District 3 attracts the largest number of new homes delivered in the Capital city, with a share of over a quarter of all houses and apartments completed within the city’s administrative boundaries, according to a market report issued by real estate consultant SVN Romania, based on official statistics and own data.
Approximately 11,500 homes were completed in District 3 over the past four years, just over 25% of all residential units delivered in Bucharest between 2022 and 2025. Districts 4 and 6 follow, accounting for around 21.5% and 18.7% respectively of all homes completed in the city over the same period.
Although Bucharest continues to record a higher number of completed new homes than Ilfov County – the last time Ilfov surpassed the Capital city in terms of residential deliveries was in 2017, according to data from the National Institute of Statistics (NIS) – the past two years have seen a significant decline in the number of new houses and apartments delivered in Bucharest, with volumes around one third lower than those recorded between 2020 and 2023.
2026 could, however, see a strong reversal of this trend, with SVN data indicating that over 20,500 new homes could be delivered this year in Bucharest and its surrounding areas. This would represent an increase of approximately 18.5% compared to the level recorded in 2025, according to the annual report “SVN Romania Residential Market Genome 2026”.
“At present, there is a high number of residential projects under construction in Bucharest and its surrounding areas, particularly in the northern and eastern parts of the city. The regional residential market continues to perform well overall, although there are also projects that fail to achieve the expected results due to unrealistic pricing expectations and insufficiently substantiated business plans,” said Mircea Marin, managing partner of SVN Romania New Homes Division.
