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

Eurogroup recommends Bulgaria adopt euro from 1 January 2026

The Eurogroup has unanimously recommended that Bulgaria become the 21st member of the eurozone . The countries of the common currency area recommend to the EU Council that this should happen from 1 January next year. The finance ministers of the..

published on 6/20/25 9:19 AM

Temperatures will drop, rainfall expected on Friday

On Friday, the minimum temperatures will be from 15 to 21°C, in Sofia - around 17°C. It will be sunny before noon. Cumulus and cumulus-rainy cloudiness will develop around and after noon. In many places, mainly in Southern and Eastern Bulgaria, there..

published on 6/19/25 7:35 PM

Eurogroup President expects consensus on Bulgaria's eurozone entry

Eurogroup president Paschal Donohoe expects a consensus at today's meeting in Luxembourg on Bulgaria's entry into the Eurozone, BNR correspondent in Brussels Angelina Piskova reported. I believe that Bulgaria's accession to the Eurozone will be..

published on 6/19/25 5:47 PM