Expectations of experts for 2023 are for a more balanced real estate market, the chairman of the National Real Estate Association, Dobromir Ganev, has told the BNR.
According to him, in recent years there has been an overlap of many factors that have led to a high interest in the housing market, as this is valid not only in Bulgaria. "In 2022, we saw house price indices reach a record high as they marked 15-16% growth in the second quarter compared to the same period of 2021. We expect a decline in growth, which will probably fall from 15% to 10% or below," Ganev said. According to him, there would be a decline in the number of deals, but this will only apply to some cities.
"We must stand on historical truth in order to build good neighborly relations with North Macedonia", said Bulgaria’s President Rumen Radev at Sofia University during the presentation of a prototype edition of the "Macedonian Almanac''. The first..
No significant change in the weather is expected over the next 24 hours. It will remain cloudy with widespread and, in many areas, heavy rainfall. It will snow above 600-800 meters. By the end of the day, the rain in the southwestern regions will..
The European Flood Awareness System (EFAS) has issued a warning of expected complications in Bulgaria on 3 October . Interior Minister Daniel Mitov announced this at a meeting on the readiness of institutions to respond to the expected significant..
Bulgarian investigative journalist Christo Grozev has been awarded the prestigious "Journalist of the Year" award at the PRIX EUROPA European media..
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