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Knowsy PulseENRO

The Knowsy Index — Romania's home prices

August 2026

€1,535/m²

±0%

Listing-weighted national average for apartments — 165 cities, ~11,607 observed listings (asking prices).

Map →

€/m² by county

Prices by city (RO) →

165 cities · €479–3,272/m²

#1 Cluj-Napoca · €3,272/m²

Press release →

August 2026

€1,535/m² national

RO-HMI · Market intensity

Are people buying more, or less? 50 = neutral

provisional · beta

52

sideways / mixed

confidence 16/100 · 90% band 13–89

0 · down50100 · up
Completed purchases+0.4
Buyer funnel-1.7
Mortgage credit+0.4
Price pressure+1.3

e-Terra (ANCPI) cyber incident: no clean sales series after 2026-06. Scores are a provisional nowcast — the completed-sales anchor still carries ≥35% of the weight, so more real buying always moves this up, less always down.

Counties — vs the national market

3-month completed-sales momentum vs Romania's (the shared seasonality cancels), shrunk toward the country by sample size. Above 58 = hotter than the national market, below 42 = colder.

No score currently reaches the methodology's official publication threshold (confidence ≥ 40) — read the ranges under each score, not the score alone.

Tulcea*72 →24–95
Timiș71 →24–95
Prahova68 →22–94
Ilfov68 →22–94
Constanța62 →17–93
Iași62 →17–93
Mureș62 →17–93
București59 →16–92
Sibiu59 →15–92
Buzău56 →14–91
Călărași*55 →13–91
Harghita53 →12–90
Giurgiu*50 →11–89
Maramureș48 →11–88
Botoșani48 →10–88
Neamț47 →10–87
Dolj46 →10–87
Cluj46 →10–87
Arad46 →10–87
Bihor45 →10–86
Mehedinți44 →9–86
Ialomița*44 →9–86
Satu Mare42 →9–85
Bistrița-Năsăud41 →8–84
Vrancea*38 →7–83
Galați38 →7–83
Olt*37 →7–82
Hunedoara36 →7–81
Brăila35 →6–81
Suceava34 →6–80
Caraș-Severin34 →6–80
Covasna*34 →6–80
Dâmbovița33 →6–80
Alba33 →6–79
Gorj33 →6–79
Vaslui*30 →5–77
Brașov30 →5–77
Bacău28 →5–75
Sălaj*27 →4–74
Vâlcea25 ▼4–72
Argeș22 ▼3–68

Excluded: Teleorman — serie ANCPI nefiabilă (volum imposibil de mic)

County-seat cities

ANCPI publishes a dedicated sales series only for county seats — other towns would be fabricated granularity, so they inherit their county's reading instead.

Timișoara95 ▲69–99
Miercurea Ciuc79 ▲29–97
Ploiești78 ▲29–97
Popești-Leordeni71 →22–96
Tulcea68 →19–95
Suceava67 →19–95
Sibiu67 →18–95
Târgu Mureș64 →17–94
Constanța61 →15–93
Iași59 →14–93
Buzău58 →13–92
Călărași*50 →10–90
Baia Mare50 →10–90
Bistrița49 →10–89
Craiova49 →10–89
Oradea45 →9–88
Deva41 →7–86
Arad40 →7–86
Satu Mare40 →7–85
Giurgiu*39 →7–85
Piatra-Neamț38 →7–85
Târgu Jiu38 →6–84
Bacău35 →6–83
Cluj-Napoca34 →6–82
Galați32 →5–80
Botoșani32 →5–80
Zalău31 →5–80
Reșița30 →5–79
Brăila30 →5–79
Slobozia*30 →5–79
Drobeta-Turnu Severin30 →5–79
Slatina*27 →4–77
Alba Iulia23 ▼3–72
Brașov22 ▼3–71
Focșani21 ▼3–70
Târgoviște19 ▼3–68
Vaslui*16 ▼2–63
Sfântu Gheorghe*16 ▼2–62
Râmnicu Vâlcea10 ▼1–49
Pitești5 ▼1–33

Bucharest sectors

Sectorul 186 ▲42–98
Sectorul 275 ▲25–96
Sectorul 347 →9–89
Sectorul 634 →5–82
Sectorul 530 →5–79
Sectorul 422 ▼3–71

National components: ANCPI Jun 2026 individual units sold +5.1% y/y · Storia/OLX buyer contacts −26% y/y (Jul) · BNR housing-credit stock +6.5% y/y, new-loan rate 5.72% vs 5.82% · INS/Eurostat HPI +7.8% y/y Q1 (nominal — quality-discounted). Supply and macro components: no monthly source yet; their absence lowers the confidence shown.

* = small sample, reading pulled toward its parent geography (city/sector → its county, county → the national reading). Methodology: RO-HMI v0.1 (weighted signal groups, empirical-Bayes shrinkage, logistic 0–100, persistent 3-state regime filter). An activity index, not a price forecast and not investment advice.

Main cities

1Cluj-NapocaCluj · n=218 · houses €2,958€3,272/m²±0%
2VoluntariIlfov · n=216 · houses €2,804€2,851/m²±0%
3Dumbrăvița (TM)Timiș · n=146 · houses €2,144€2,328/m²±0%
4BrașovBrașov · n=215 · houses €2,167€2,300/m²±0%
5BucureștiBucurești · n=219 · houses €2,162€2,262/m²±0%
6SinaiaPrahova · n=77 · houses €1,240€2,188/m²±0%
7CraiovaDolj · n=213 · houses €1,624€2,150/m²±0%
8CisnădieSibiu · n=146 · houses €1,746€2,033/m²±0%
9NăvodariConstanța · n=140 · houses €1,402€2,017/m²±0%
10SibiuSibiu · n=219 · houses €1,921€2,014/m²±0%
11Florești (CJ)Cluj · n=207 · houses €2,043€2,000/m²±0%
12ConstanțaConstanța · n=218 · houses €1,915€2,000/m²±0%
13OtopeniIlfov · n=146 · houses €1,913€1,996/m²±0%
14IașiIași · n=207 · houses €1,747€1,990/m²±0%
15GirocTimiș · n=219 · houses €1,917€1,979/m²±0%
16Târgu MureșMureș · n=146 · houses €1,771€1,950/m²±0%
17TimișoaraTimiș · n=219 · houses €1,750€1,948/m²±0%
18OradeaBihor · n=218 · houses €1,625€1,851/m²±0%
19PredealBrașov · n=69 · houses €920€1,827/m²±0%
20Miercurea CiucHarghita · n=9€1,783/m²±0%

Most expensive

Cluj-NapocaCluj · n=218 · houses €2,958€3,272/m²±0%
VoluntariIlfov · n=216 · houses €2,804€2,851/m²±0%
Dumbrăvița (TM)Timiș · n=146 · houses €2,144€2,328/m²±0%
BrașovBrașov · n=215 · houses €2,167€2,300/m²±0%
BucureștiBucurești · n=219 · houses €2,162€2,262/m²±0%

Most affordable

VulcanHunedoara · n=25€479/m²±0%
Moldova NouăCaraș-Severin · n=10€573/m²±0%
LupeniHunedoara · n=21€579/m²±0%
OravițaCaraș-Severin · n=19€590/m²±0%
BocșaCaraș-Severin · n=9€590/m²±0%

By county

Cluj€3,272
Brașov€2,300
București€2,262
Dolj€2,150
Sibiu€2,014
Constanța€2,000
Iași€1,990
Mureș€1,950
Timiș€1,948
Ilfov€1,893
Bihor€1,851
Harghita€1,783
Argeș€1,633
Gorj€1,600
Alba€1,540
Maramureș€1,526
Suceava€1,506
Vâlcea€1,438
Buzău€1,426
Bistrița-Năsăud€1,424
Olt€1,418
Prahova€1,361
Dâmbovița€1,360
Covasna€1,331
Hunedoara€1,311
Sălaj€1,296
Botoșani€1,286
Arad€1,278
Tulcea€1,275
Satu Mare€1,250
Bacău€1,211
Mehedinți€1,211
Ialomița€1,207
Călărași€1,200
Vaslui€1,178
Vrancea€1,140
Neamț€1,132
Teleorman€1,099
Giurgiu€1,087
Brăila€1,041
Galați€1,013
Caraș-Severin€952

County seat / county benchmark, apartments €/m².

Methodology & citation

Sources: Storia listing medians with sample sizes (n), published city indices (Imobiliare.ro), Blitz.ro portfolio averages, SonarHome — asking prices, useful-area basis for apartments, built-area for houses. Cities enter rankings only with a published index or n ≥ 8. The national figure is listing-weighted. Asking prices typically close 4–7% under ask. This is a market indicator, not an official (ANEVAR/INS) statistic.

Cite freely with attribution

"Knowsy Index, August 2026" — myknowsy.com/pulse

Data API (beta): GET /api/pulse · press: f.robert@generaldynamics.org.uk

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