Text size

Eurostat: Bulgaria ranks second in the EU in house price growth

published on 10/3/23 4:22 PM

Photo: Eurostat

House prices in the European Union increased by 0.3% in the second quarter, compared to the first quarter of 2023. In Bulgaria over the same period, house prices rose by 4.3% compared to the first quarter, European statistics agency Eurostat, published today, shows.

This ranks Bulgaria second among the EU Member States in terms of the largest quarterly increase in house prices. Over this period, a bigger increase in prices was observed only in Latvia (+5.1%).

In the second quarter of 2023, Bulgarian house prices increased by 10.7% on a year-on-year basis. During this period, only Croatia reported a more significant price increase among EU Member States, which amounted to 13.7%.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy Bulgaria EU Eurostat house prices increase second quarter

More from category

Unions and businesses protest against hike in industrial electricity prices

Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..

published on 1/9/25 1:13 PM

Eurozone entry could bring benefits for Bulgarian businesses and economy

Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..

published on 1/8/25 11:37 AM

A 100 square meter apartment in Bulgaria costs 199 average monthly salaries

In 11 district cities in Bulgaria, 1 square meter of residential space costs under EUR 1,000. In 13 district cities, the price ranges from EUR 1,000 to EUR 1,400. In Sofia and Varna, 1 square meter of residential space costs EUR 2,400, National Real..

published on 1/6/25 10:10 AM

WEATHER

Pick city: Sofía

Cloudy
Min: 0 | Max: 5

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

The turnover of retail chains dropped by almost 29% on the day of the boycott

Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott..

published on 2/15/25 2:22 PM

Share