Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

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

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!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Temperatures rise up to 37°C

Sunday will be sunny and hot. There will be weak to moderate northeasterly wind. Temperatures will continue to rise and the highest will be between 32°C and 37°C; in Sofia – around 32°C. It will be also sunny in the mountains. In..

published on 7/6/24 6:05 PM
Ahmed Dogan

Ahmed Dogan convenes meeting of party members, Delyan Peevski is not invited

The honorary chairman of the Movement for Rights and Freedoms, Ahmed Dogan, has organised a meeting of some of the party members in his summer residence "Rosenets", bTV reported. The MPs and members of the movement who supported him,..

updated on 7/6/24 5:12 PM

NATO Permanent Commission will not participate in the Breeze 2024 naval exercise

For the first time, the NATO Permanent Commission will not participate in the National Naval Exercise "Breeze - 2024" because of the different situation we are in, announced the Commander of the Naval Forces in Bulgaria, Rear Admiral..

published on 7/6/24 5:11 PM