The rate of growth of prices for housing in Sofia has significantly increased in recent months since the start of the year, they have increased as well as for the entire 2015, according to the portal "Bulgaria in Russian" with reference to the statement of the "Property IMOTI" National Union of the Governing Council Irena Perfanovoy and portal Investor.bg.
The last three years in the real estate market observed a constant increase in transactions and not only in Sofia and in other Bulgarian cities. In the last two years the number of transactions has accelerated markedly, said Perfanova.
So, in comparison with the year 2014 in Sofia, the number of real estate transactions increased by 17% in 2015, in Plovdiv - by 17.5%, in Blagoevgrad - 15%, and in comparison with 2013 year - by 25%, 22% and 29% respectively.
On the coast is marked reduction in the number of transactions and a decrease in prices for resort real estate, but the dynamics of growth is stable in the large cities.
Commonwealth Experts predict that by the end of this year, the pace of housing price increases in Sofia, slow down, and within a few months the market will reach a point of equilibrium.
The rapid growth of prices is not a positive trend for the real estate market, since, in practice, "closes" certain areas or certain categories of construction, explains Irena Perfanova.
According to experts, dramatically increased the number of new construction of residential buildings in the I quarter of this year. Sofia - 65%, in Plovdiv - 41%. At the same time, the number of building permits issued during this period in Sofia fell by 9%, while in Plovdiv - by 1%.
According to him, it is a clear sign that the real estate market in Bulgaria is close to the "point of balance", which will last two or three years before the next economic cycle.
HomesOverseas.ru
