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Bulgaria 9th in Real Estate Prices - Knight Frank Report
Updated: 2009-06-02Bulgaria property prices rose by 3,3% for 2009's first quarter year-on-year, putting the country in 9th position in the latest Knight Frank on world property prices.
The last week issued report of the consulting company showed that Bulgaria had lost its last year's second place.
The report also showed most markets to be still in a general downturn over the global financial crisis.
Some countries bucked the trend with increases in year-on-year property prices, including Bulgaria.
Knight Frank said that there was some evidence of buyers now snapping up bargains but that others were holding back hoping prices may fall lower.
Source: www.novinite.com
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