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TRENDS IN THE REAL ESTATE SECTOR IN ROMANIA AND PORTUGAL
Authors: Elena LOMACA, Nicoleta BARBUTA-MISU
Number of views: 285
The paper aims to present the real estate
sector in Romania and Portugal with the trends
of evolution and its importance in the economy
of the two countries. The analysis is focused
on the following indicators: the construction
volume index, the construction cost index, the
number of enterprises, the number of persons
employed, the turnover, the weight in the Gross
Domestic Product, etc. The analysis of the indicators
shows a downward trend until 2012-
2013, followed by a growth trend, but without
reaching the level of turnover in the year 2008
in Portugal. In contrast, turnover in Romania
declined until 2012, but then gradually increased,
reaching in the year 2015 the value of
2008, and in 2017 there was an increase of
13.11% compared to the maximum level of the
year 2008.