Friday, October 3, 2014

In the second half the number of transactions rose account of

Housing rose at the end of 2011
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In 2011, the property market will overcome the shock of the dramatic drop in prices two years ago, but by the end of 2011 until next spring properties will begin to rise as the projected increase in the range of 2-5%. This forecast indicates the real estate agency "Bulgarian Property."
The average decrease in property prices for 2010 is 8.6% reported yesterday by "Address". Unlike a record reduction of 28% in 2009, prices in the past 12 months to stabilize, as this trend is expected to continue this year, said Cvetelina Taseva, 6043 CEO of the company.
In Sofia, the average price reduction is 6.37%, in Varna - 5%, and in Bourgas and Plovdiv - by 4.4 percent and 6.35 percent. Throughout the year Sofia and Varna remain leaders in the ranking of the most expensive properties with an average price of housing - from 735 per sq. Meter capital and 719 / sq. m for the city. The loss was mainly accumulated in the first half of the year.
In the second half the number of transactions rose account of "Address". And explain that this is due mainly to the feeling of emerging from the crisis that banks give to other market participants. As a result, at the end of 2010 reported 7% growth in the volume of purchases on an annual basis and 43% on rentals.
Most sought after in the market remain two-bedroom apartments, 38% of the deals are for this type of property. An interesting trend is that the demand for two-bedroom apartments (23% of all transactions) already exceeds one-room (14.7%). This is due to the fierce competition between the builders and the willingness of buyers to acquire Large apartment price against 6043 which only two years ago were able to buy the studio.
46% of purchases 6043 are for first home 73% of these buyers are former tenants lived in the other house of his parents or other relatives. Only 32% of those who want to acquire a home, however, have all the necessary means to carry out a deal. Others seek bank loans. 6043
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