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Housing prices in Bulgaria dropped one to 3 pct in 2012

Posted on 31 January 2013

Prices of residential property decreased by one to three per cent in 2012, public broadcaster Bulgarian National Television said on January 30 2013, quoting what it described as a major player in the Bulgarian property market. According to the company, housing transactions in the past 12 months grew by about 10 per cent. The annual turnover of the housing market in the country is 3.5 billion leva.
In 2014, prices of housing will not fall further, but could even slightly increase, analysts said, according to the report. Buyers increasingly were interested in factors such as electricity costs, heating and energy efficiency, the report said………………………………………..Full Article: Source


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