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Tuesday 6 December 2011

Bulgaria: Bulgaria's Housing Prices Decrease by 6% September 2011 y/y - Novinite.com - Sofia News Agency

Bulgaria: Bulgaria's Housing Prices Decrease by 6% September 2011 y/y - Novinite.com - Sofia News Agency:

'via Blog this'

Uncles' Comment: Statistics in Bulgaria are notoriously unreliable.However if we take the year on year figures and then look at the last quarter it seems to show a flattening out of the market.That might more correctly be called a 'flat-lining' since, with stagnant demand, it cannot begin to recover until liquidity returns to the market.

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