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The index of market prices of the houses for the second quarter of 2009 toward the first quarter of 2009 is 90,3%. That means that the average reduction of the market prices is 9,7%.
This represent a slow down in the pace of reduction towards the quarter period under review decline of 12,4% in the first quarter.
Compared to same quarter of last year the average reduction in the market housing prices in the second quarter was 21,9%. For the previous quarter annual drop in prices was 8.4%.
In the second quarter of 2009 compared with the previous was registered price reduction in all regional cities as follow: Ruse- 14.4%, Vraca- 14.3%, Plovdiv- 14.1%, Burgas- 12.3%, Pleven- 12.2%, Sofia- 11.9%
The average market prices of the housings for the country is 1074,98 BGN per sq.m, as the highest is in Varna- 1827 BGN per sq.m, following of Sofia- 1745 BGN per sq.m and Burgas- 1471, 67 BGN per sq.m. The lowest average price recorded in Kyustendil- 540,85 BGN per sq.m.
The index of prices for homes assess the overall relative change in prices of existing homes - apartments (excluded are new apartments, houses, luxury homes). Subject of statistical research are actual sold prices of properties in the district households cities.
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