Bulgaria’s housing market stagnating
This content is archived.
Bulgaria’s housing market remains sluggish. Price declines are slowing, and the economy is improving a little, but the changes are happening so slowly that Bulgaria’s housing market seems unlikely to go anywhere soon.
In Q3 2012, the average price of existing flats in Bulgaria declined by 2.2% to BGN 881.2 (€451) per square metre (sq. m.), according to the National Statistical Institute (NSI). This price drop was a slight improvement on the 6.1% decline in 2011 and the 4.3% fall during the year to Q1 2012.
The rest of this archived report is part of Full Access.
