Bulgaria Sees 2% Drop in Number of New Residential Buildings Y/Y

Business » PROPERTIES | December 3, 2009, Thursday // 13:27
Bulgaria: Bulgaria Sees 2% Drop in Number of New Residential Buildings Y/Y 2% fewer new buildings have been completed in Bulgaria in Q3 of 2009. Photo by BGNES

A total of 685 new residential buildings were completed in the third quarter of 2009 which is a 2% drop compared to the same period of 2008.

The decline compared to the second quarter of 2009 is 0,9%, according to preliminary data of the National Statistical Institute released Thursday.

The District of Varna saw the greatest number of newly completed residential buildings in July-September 2009 – 163. No new buildings were completed in the southwest District of Kyustendil.

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Tags: residential buildings, residential property, Varna, Kyustendil

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