Thu, Feb 09 2012
Stable in the EU27 in April 2010, compared with the previous month, EU statistics office says.
Average market prices of homes in Sofia fell by one per cent in the fourth quarter of 2011 compared to the same period of 2010, according to the Raiffeisen Real Estate Index, as quoted by Klasa daily.
Proportionately, the number of transactions in leva increased as people reacted to speculation that the euro would disappear.
Nearly all banks are ready to finance between 80 per cent and 90 per cent of the price of a home, provided it is a good building in a large city, Bulgarian daily says.
Property prices in Bulgaria were five to 10 per cent lower in 2011 than in 2010, while initial estimates for this year are that they will remain largely unchanged, with transactions remaining at ‘crisis levels’.
Bulgaria’s capital city Sofia ranks 17th, report says, quoting Global Property Guide.
No author. Great.
And no way of knowing what's the decline - in contracts, in finished projects, in financing...
"Building construction, covering both real estate and office space, fell by 29.4 per cent
infrastructure construction declined by 1.4 per cent
marking an aggregate decrease of 20.2 per cent
he trend is positive with 20.9 per cent growth on February 2010
23.7 per cent was infrastructure construction
19.1 per cent building construction.
statistics indicate a 25.9 per cent decline
The decline amounts to 34.5 per cent in building
[...]
Read the full comment 7.3 per cent in infrastructure
What is "propertywisebulgaria" trying to say?