Bulgaria Housing Market Slumps as Property Sales Plunge Sharply

Bulgaria's housing market slump deepens as property sales plunge sharply nationwide againAcross the country, forty five thousand three hundred twelve properties changed hands recently.

Sales fell roughly one fifth from last year, signaling a steep decline.

Even during harsh pandemic restrictions, buyers completed about fifty six thousand deals. Black Sea town Nesebar posted a steep drop of thirty seven percent.

Experts agree the cooling is clear, but price predictions remain sharply divided. Discounts are spreading, Plovdiv seeing sixty percent of sales after price cuts.