The housing prices in Bulgaria have gone up

Housing prices went up again, as in the first quarter of the year have increased by 0.2% compared to the last quarter of 2013, according to the National Statistical Institute.

The increase is minimal, but in the last two years property prices steadily were going down.

There has been slightly rais in prices in the second quarter of 2012, but by the middle of 2008, house prices are constantly falling out.

As a result the dwellings are near 40% cheaper compared to the level of the time before the global financial crisis to overtake Bulgaria.

The average market price of dwellings for the country in the first quarter of 2014 is 866,44 BGN/sq.m, while in mid-2008 was 1418,24 BGN/sq.m. The highest currently prices are in Sofia -1463,17 BGN/sq.m., followed by Varna - 1370 BGN/sq.m., and Burgas -1110,33 BGN/sq.m.

In mid-2008, the prices in these three regional centers were respectively - 2470 BGN, 2129 BGN, and 1755 BGN for sq. m.

In the first quarter of 2014, compared to the previous was registered price increase in 18 of the regional cities, as the increase is more significant in Stara Zagora and Veliko Tarnovo - 1.3%, Lovech - by 1.1%, and Vratsa - by 1%. In the remaining nine district cities and Sofia region is registered a discount in the prices.