Data from the Bulgarian National Registry shows that the number of completed property deals has increased by an amazing 48% in Q2 2011 compared with the same period in 2010.
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The total of completed property deals in Bulgaria increased by 36% in the first half of 2011 and by more than 90% in Q2, compared with the first 3 months of the year.
Commenting on the recently released data, David Lingstone, CEO of MovetoBG.com said, "This is a particularly important signal for people considering property purchase in Bulgaria because it locks into place what has now become a positive trend through 2011. We have been seeing increasingly positive figures since the end of last year .." he continued ".. but, without question, Q2 has been the most successful 3-month period for the real estate industry since the beginning of the financial crisis."
MovetoBg.com has recently identified a number of positive movements in the property market on the basis that the combination of price falls and increases in the volume of sales has been the key indicator of recovery across the real estate sector.
Related articles:
Experts Agree that Property Market has Bottomed Out
Rising Property Sales Reported in Bulgaria
Bulgarian Property Prices Reach Their Baseline
Time to Buy in Bulgaria's Recovering Property Market
Bulgaria Gateway Property Market Analysis - Q1 2011
Commenting on the recently released data, David Lingstone, CEO of MovetoBG.com said, "This is a particularly important signal for people considering property purchase in Bulgaria because it locks into place what has now become a positive trend through 2011. We have been seeing increasingly positive figures since the end of last year .." he continued ".. but, without question, Q2 has been the most successful 3-month period for the real estate industry since the beginning of the financial crisis."
MovetoBg.com has recently identified a number of positive movements in the property market on the basis that the combination of price falls and increases in the volume of sales has been the key indicator of recovery across the real estate sector.
Related articles:
Experts Agree that Property Market has Bottomed Out
Rising Property Sales Reported in Bulgaria
Bulgarian Property Prices Reach Their Baseline
Time to Buy in Bulgaria's Recovering Property Market
Bulgaria Gateway Property Market Analysis - Q1 2011
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