Real estate blog

Demand on the real estate market in Chisinau has recently increased by 20-30%. However, the prices of real estate for sale have practically not changed. But still, a specific segment of the market seems to be experiencing slow growth. See further in the article what it is about.

In the first half of 2023, the real estate market in Chisinau continued to be a balanced one and apartment prices practically did not change.

The year 2023 will be a turning point for the real estate market in Chisinau. The economic and social effects of the last period have left a heavy mark on the direction and development of the real estate market, but also on real estate prices.

At the moment, the citizens of the Republic of Moldova are confused when they discuss the uncertain situation of the real estate market in Chisinau. More and more people are talking about the beginning of a real estate crisis, looking for answers to certain questions, such as:

What is happening on the real estate market in Chisinau? Why have rent prices increased? What are the prices of apartments for sale and how will things evolve in the near future? These questions were answered by our colleague, Victor Cernomorcenco, during the Good Morning show on TRM Moldova 1 television station.

The real estate market in Chisinau registers a stabilization of apartment prices on both the primary and secondary markets.

Why could demand and apartment prices fall in 2022?

The demand for apartments may fall and apartment prices may balance out and a possible correction may occur in certain market segments.

Evolution of apartment prices in Chisinau (2008-2021)

Apartment prices in Chisinau have increased by 20-20% in 2021 compared to the prices before the pandemic - says Victor Cernomorcenco, a real estate specialist at Acces Imobil.