Bulgaria's Dwelling Prices Record Slight Decrease in Q3 2014

Business » PROPERTIES | October 24, 2014, Friday // 13:21
Bulgaria: Bulgaria's Dwelling Prices Record Slight Decrease in Q3 2014 Photo by BGNES.

The market price index of dwellings for Q3 2014 compared to Q2 2014 was 99.9%, i.e. the average decrease of the market prices of dwellings was 0.1%, according to Bulgaria's Statistical Institute.

The market price index of the dwellings for the third quarter of 2014 in comparison with the corresponding quarter of the previous year was 100.4%, i.e. the average increase of the market prices of the dwellings was 0.4%.

In the third quarter of 2014 compared to the previous one, a price decrease was recorded in 19 district centers and in Sofia district.

The decrease was more considerable in Kyustendil - by 2.5%, Pernik – by 2.4% and Razgrad - by 1.9%.

In 8 district centers a price increase was recorded. In the third quarter of 2014 the average market price of the dwellings for the whole country was BGN 868.77/sq. m.

The highest average prices were recorded in the following district centers: Sofia – BGN 1 485.67/sq. m, followed by Varna – BGN 1 378.33/sq. m and Burgas – BGN 1 145.33/sq. m.

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Tags: market price index, dwellings, district centers

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