Text size

Housing market in Bulgaria sees deals with real estate stagnant for years

published on 10/5/21 5:46 PM

Photo: BNR

Properties that have been "stagnant" on the Bulgarian real estate market for 8-10 years due to high prices demanded by the owners are now subject to transactions. Housing prices continue to rise, and the segment of houses near major cities remains active, Dnevnik daily writes, citing data from a real estate agency.

Prices continue to rise due to the activity of buyers. The reason is not only the low levels of loans, but also the progress of inflation, according to experts in the company. According to them, it is possible to stabilize prices soon.

"It is only in the last two months that we have seen a slowdown in the rise. This may be a sign that the steady growth will soon stop, but it is still too early to say whether this is a sustainable trend or a temporary phenomenon," the agency said.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News housing market prices property real estate real estate market

More from category

Rumen Radev: Support for Ukraine is a losing position, a peaceful way out of the crisis must be sought

Support for Ukraine is a losing position, President Rumen Radev said regarding the position of Prime Minister Rosen Zhelyazkov after the meeting between US President Donald Trump and Ukrainian President Volodymyr Zelensky, which..

published on 3/1/25 1:34 PM

“We Continue the Change” expresses support for Zelensky and the Ukrainian people

“We Continue the Change” party has declared full support for President Volodymyr Zelenskyy and the Ukrainian people, who in the most difficult times are defending not only their national interests against the aggressor, but also..

published on 3/1/25 1:12 PM

President Radev to hosts Iftar dinner on the occasion of the holy month of Ramadan

President Rumen Radev will host the traditional Iftar dinner on the occasion of the beginning of the holy month of Ramadan for Muslims. Representatives of the Muslim community, other basic denominations, diplomats, public figures..

published on 3/1/25 11:28 AM