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

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

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.

Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.