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Analyses and trends

2013-01-24

24.01.2013 House prices fell by 0.7% in the fourth quarter of 2012

Trying to recover, which made housing prices in the second quarter was weak. The price decline has picked up slightly in the last three months of the year compared to the previous quarter, according to data from the National Statistical Institute (NSI).
For the period from October to December * prices in the country have registered a decline of 0.7% to the average of 875.14 square meters Levs, once in the previous three-month period declined by 0.5%.
On an annual basis, however, the decline continues to slow down. In the last three months of the year, the annual decline in prices was 1.4% after the previous quarter it posted a little over 2%.
In the fourth quarter of 2012 compared to the previous one is a decrease in prices in 23 regional cities, such as more significant in Kardzhali and Razgrad - by 2.9% and in Pazardzhik - 2.8%. The price increase was registered in Vidin, Kyustendil, Burgas and Ruse and Sofia.
The highest are the average prices in Sofia City - 440.5 1 lev per square meter, followed by Varna - 1 424.93 Levs per square meter, and Burgas - 1 140.43 Levs per sq.m.
For the entire 2012 decline in housing prices in the country is 2.7 percent, reported from national statistics. Registered a decrease in 22 regional cities and leader of Montana's where the fall was over 12 per cent. It is followed Sliven, where he registered a decrease of 8.2%, and Vratsa, where prices are reported decrease of 7.3%.
Increase in house prices last year was registered in Gabrovo, Pazardzhik, Shumen, Ruse, Targovishte and Blagoevgrad.
The average price of homes in the country in 2012 was 881.38 Levs per sq.m. The highest average prices were in a Sofia-city - 1 452.64 Levs per square meter, in Varna - 1429 , 69 Levs per sq.m.
You can follow the movement of house prices in recent years on the chart.

* The index of market prices estimated total relative price change of existing homes - apartments (excluding newly built apartments, houses, luxury apartments). The object of the statistical survey of the prices households actually sold apartments in the regional cities.

 

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