Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

The rise in interest rates and the real estate market shrinkage will not affect real estate prices

Photo: Georgi Neikov, BNR

There is a slight shrinking of the real estate market in the country during the third quarter of the year. According to latest expert data, despite the expected increase in interest rates and in inflation, housing prices are still going up because demand is higher than supply. That is the reason why there has been a significant rise in real estate prices over the past year.

A National Real Estate Association survey, conducted in the Southeastern part of Sofia shows that buyers are predominantly in the 24-54 age bracket and prefer new building property. Half of the young buyers use credit with 10-30% self-financing.



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

Precipitation will stop from west to east

On Saturday, the lowest temperatures will be between 2 and 7°C; in Sofia - about 2°C. Precipitation will begin to stop, but during the day, cloudiness over the country will remain significant. Rainy weather will persist in the..

published on 10/3/25 7:20 PM

Presidential Administration will not use cars of the National Service for Protection

The cars of the National Service for Protection will no longer be at the disposal of the administration of the presidential institution, the MPs have decided, BNR reporter Daniel Inkov informed. This does not apply to the cars used..

published on 10/3/25 4:21 PM

Bulgaria and North Macedonia sign agreement on cross-border railway tunnel

The Council of Ministers approved amendments to the Agreement between Bulgaria and North Macedonia on the preparation, construction and operation of a cross-border railway tunnel. “Following correspondence, notes were received from..

published on 10/3/25 3:40 PM