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

CNN ranks Shopska Salad among the best in the world

Bulgarian Shopska Salad has earned a place among the 24 best salads in the world according to a new ranking published by CNN, BGNES reports. The fresh and colorful dish, beloved throughout Southeast Europe, took its rightful place alongside..

published on 6/19/25 5:27 PM

Zhecho Stankov: Bulgaria has a key role in energy connectivity in the region

In a few weeks, another ship with pipes for the Vertical Gas Corridor will arrive at the port of Burgas, announced Energy Minister Zhecho Stankov at the Burgas 2025 Connectivity Forum . The event brought together diplomats, ministers and leading..

published on 6/19/25 4:56 PM

New medical equipment manufacturing center opened in Plovdiv

A new medical equipment manufacturing center of the Czech company BTL Industries has opened in Plovdiv. The event was attended by President Rumen Radev, who emphasized that "the excellent relations between Bulgaria and the Czech Republic at the highest..

published on 6/19/25 2:58 PM