---
title: "Chisinau housing market rebounds as revised data reveals 11% drop"
url: https://moldova1.md/p/83189/chisinau-housing-market-rebounds-as-revised-data-reveals-11-drop
published: 2026-08-14T13:50:00Z
language: en
author: "Olga Mînzat"
section: "Economic"
source: moldova1.md
---

# Chisinau housing market rebounds as revised data reveals 11% drop

> The real estate market in Chisinau is recovering visibly, defying last year's pessimistic projections. Newly revised data from the Public Institution Real Estate Cadastre reveals that property transactions in 2025 fell by just 11% compared to 2024, far below the 60% collapse suggested by preliminary figures.

![](https://storage.moldova1.md/images/9c63fa33-1a80-408e-a1ac-131f6ef29097.jpg)

The real estate market in Chisinau is recovering visibly, defying last year's pessimistic projections. Newly revised data from the Public Institution Real Estate Cadastre reveals that property transactions in 2025 fell by just 11% compared to 2024, far below the 60% collapse suggested by preliminary figures.

Official sources attribute this massive statistical discrepancy to recent administrative updates in contract filing procedures.

**Statistical correction uncovers market resilience**

Real estate experts note that market activity has picked up significantly in recent months, with revitalization visible across both official metrics and agency operations.

Real estate expert Victor Cernomorcenco explained that the initial data gap occurred when a new system allowed notaries to submit sales contracts electronically. However, Cadastre statistics initially failed to capture these digital filings, creating a false impression of a market crash.

*"Approximately 20% of current activity represents deferred demand that is only now re-entering the market in the second half of 2026,"* Cernomorcenco stated in an interview with Radio Moldova. He added that upcoming fiscal policy shifts for 2026 are prompting buyers to secure properties this year, potentially pushing 2026 transaction volumes higher than those in 2025.

**Expatriate influx and price forecasts**

Market activity is expected to accelerate further in August, historically one of the strongest periods for local real estate. This surge is partly driven by a seasonal influx of returning Moldovan expatriates who are actively seeking residential acquisitions after a quiet spring.

Housing prices in the capital hit a historic peak of €1,720 (approx. 33,700 MDL) in March 2025 and remained stable through the first quarter of 2026. However, expert analysis suggests that renewed buyer demand could apply upward pressure on valuations before the end of the year.

*"We expect average apartment prices in Chisinau to increase by 3% to 7% by the end of the year,"* Cernomorcenco projected, noting that any rise would remain moderate.

**Government intervention to bolster housing affordability**

In response to market pressures, Prime Minister Vasile Tofan announced earlier this month that the government is preparing targeted interventions to curb sharp price increases and improve housing affordability.

The planned policy measures focus on lowering construction costs, streamlining administrative hurdles, and expanding housing supply across the capital.

According to Prime Minister Tofan, property prices remain elevated due to rising material costs, labor shortages, high land values, and bureaucratic delays. The government aims to address these bottlenecks by transferring unused public land into the economic pipeline for residential development.

Translation by **Iurie Tataru**