Bucharest ranks first among cities with the highest number of residential transactions in the first two months of 2026, while Brasov takes the top spot among the leading 10 regional markets, according to an analysis by Fortim Trusted Advisors, a member an alliance of the BNP Paribas Real Estate, based on ANCPI data.
In the first two months of the year, 5,580 homes were transacted in the capital, a level significantly higher than in other cities, despite a slowdown in activity. Outside Bucharest, Brasov ranks first with 651 transactions, followed by Timisoara (571), Cluj-Napoca (511), Iasi (487), and Constanta (482).
We are seeing a market slowdown at the beginning of the year, but major regional cities continue to perform based on solid structural factors. Brasov currently stands out due to a balanced mix between end-user demand and investment demand, which keeps it at the top of regional transaction volumes, said George Călin, Residential Sales Manager at Fortim Trusted Advisors, member an alliance of the BNP Paribas Real Estate.
How regional markets differ
Brasov attracts both end-users and investors, supported by infrastructure development and its tourism appeal. At the same time, Cluj-Napoca, Timisoara, and Iasi remain key economic and academic hubs with steady housing demand, while Constanta benefits from investment interest, including in the holiday home segment.
The capital surpasses each regional city individually by approximately 8–10 times. Even combined, the major regional cities remain below Bucharest’s level. This confirms a highly concentrated market, with Bucharest remaining the main driver.
At the same time, cities such as Galati (306 transactions) and Oradea (303 transactions) stand out with above-expected activity. In Galati, volumes are mainly supported by housing affordability and local demand, while Oradea is strengthening its position as an emerging regional hub, driven by urban development and increasing attractiveness for investment and relocation.
Suceava (241 transactions) and Craiova (234 transactions) complete the ranking, with predominantly local markets characterized by steady but limited demand and a slower pace of development.
Meanwhile, the presence of Popesti – Leordeni (230 transactions) in the ranking reflects the expansion of Bucharest’s residential market in surrounding areas, where prices are more affordable, and the supply of new housing is higher.
Transactions recorded in the first two months reflect deals negotiated at the end of last year, in a context marked by high financing costs and increased caution in purchasing decisions.
In the period ahead, the evolution of the residential market will depend on financing conditions and economic stability, but differences between cities will continue to be driven by local economic dynamics and the development of new residential projects, added Costin Nistor, Managing Director at Fortim Trusted Advisors, member an alliance of the BNP Paribas Real Estate.
