Graph and download economic data for Residential Property Prices for Bulgaria (QBGN628BIS) from Q1 1998 to Q2 2025 about Bulgaria, residential, HPI, housing, price index, indexes, and price.

Housing Index in Bulgaria increased to 246.65 points in the second quarter of 2025 from 237.55 points in the first quarter of 2025. This dataset provides - Bulgaria House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about House Prices Growth

• Bulgaria house prices grew 15.1% YoY in Jun 2024, following an increase of 16.0% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2006 to Jun 2024, with an average growth rate of 6.3%.
• House price data reached an all-time high of 34.6% in Dec 2007 and a record low of -26.8% in Sep 2009.

Residential Property Prices in Bulgaria increased 15.51 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Bulgaria Residential Property Prices.

The number of housing units completed in Bulgaria increased significantly between 2018 and 2024. That last year, there were ****** housing units constructed, that was an decrease of more than ***** units compared to the previous year.

Bulgaria - Housing cost overburden rate: Tenant, rent at market price was 27.80% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Bulgaria - Housing cost overburden rate: Tenant, rent at market price - last updated from the EUROSTAT on December of 2025. Historically, Bulgaria - Housing cost overburden rate: Tenant, rent at market price reached a record high of 51.00% in December of 2017 and a record low of 27.80% in December of 2024.

The average house price in Bulgaria has risen substantially since 2015. In the fourth quarter of 2024, the house price index amounted to ******, suggesting that house prices had grown almost ** percent since 2015 - the baseline year.

Bulgaria - House price index was 15.50% in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Bulgaria - House price index - last updated from the EUROSTAT on December of 2025. Historically, Bulgaria - House price index reached a record high of 34.60% in December of 2007 and a record low of -26.80% in September of 2009.

View quarterly updates and historical trends for Bulgaria House Price Index. Source: Eurostat. Track economic data with YCharts analytics.

In the second quarter of 2025, North Macedonia, Portugal, and Bulgaria registered the highest house price increase in real terms (adjusted for inflation). In North Macedonia, house prices outgrew inflation by nearly ** percent. When comparing the nominal price change, which does not take inflation into consideration, the average house price growth was even higher.

Meanwhile, many countries experienced declining prices, with Hong Kong recording the biggest decline, at ***** percent. That has to do with a broader trend of a slowing global housing market.

The price of residential real estate increased in most countries in the Europ in the first quarter of 2025. Prices rose the most in Turkey, Portugal, and Bulgaria. Conversely, Finland was the only country where house prices declined, falling by *** percent over the same quarter in 2024. According to the aggregate house price index for the EU, prices mostly stabilized after a brief drop in the second half of 2022.

In 2024, the average apartment rent in Bulgaria ranged between ***** and **** euros per square meter. The province with the highest rents was Sofia City, where renting an apartment cost on average **** euros per square meter. Varna, Burgas, and Blagoevgrad had the second-highest rental price, at ***** euros per square meter. In Bulgaria, less than ** percent of households lived in a rented home. Nevertheless, the rental market has been growing in recent years, with rent prices rising faster than the average in the euro area.

Bulgaria - Severe housing deprivation rate: Tenant, rent at market price was 18.30% in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Bulgaria - Severe housing deprivation rate: Tenant, rent at market price - last updated from the EUROSTAT on November of 2025. Historically, Bulgaria - Severe housing deprivation rate: Tenant, rent at market price reached a record high of 24.40% in December of 2007 and a record low of 1.60% in December of 2019.

Bulgaria - Selected residential property prices, Real, Index, 2010 = 100

Building contractors and developers depend on various socio-economic factors, including property values, underlying sentiment in the housing market, the degree of optimism among downstream businesses and credit conditions. All of these drivers typically track in line with economic sentiment, with recent economic shocks spurring a difficult period for building contractors and developers. Nonetheless, the enduring need for building services, particularly to tackle housing shortages across the continent, ensures a strong foundation of work. Revenue is forecast to grow at a compound annual rate of 2.3% to reach €1.3 trillion over the five years through 2025. Operational and supply chain disruption caused by the pandemic reversed the fortunes of building contractors and developers in 2020, as on-site activity tumbled and downstream clients either cancelled, froze or scaled back investment plans. Aided by the release of pent-up demand and supportive government policy, building construction output rebounded in 2021. Excess demand for key raw materials led to extended lead times during this period, while input costs recorded a further surge as a result of the effects of rapidly climbing energy prices following Russia’s invasion of Ukraine. Soaring construction costs and the impact of interest rate hikes on both the housing market and investor sentiment led to a renewed slowdown in building construction activity across the continent. However, falling inflation and the start of an interest rate cutting cycle have spurred signs of a recovery in new work volumes, supporting anticipated revenue growth of 2.3% in 2025. Revenue is forecast to increase at a compound annual rate of 6.7% to €1.7 trillion over the five years through 2030. Activity is set to remain sluggish in the medium term, as weak economic growth and uncertainty surrounding the impact of the volatile global tariff environment on inflation and borrowing costs continue to weigh on investor sentiment. Contractors and developers will increasingly rely on public sector support, including measures to boost the supply of new housing, as countries seek to tackle severe housing shortages. Meanwhile, the introduction of more stringent sustainability requirements will drive demand for energy retrofits.

Graph and download economic data for Harmonized Index of Consumer Prices: Actual Rentals for Housing for Bulgaria (CP0410BGM086NEST) from Dec 1996 to Oct 2025 about Bulgaria, rent, harmonized, CPI, housing, price index, indexes, and price.

Bulgaria BG: House Price Index: Real: sa data was reported at 127.077 2015=100 in 2023. This records an increase from the previous number of 125.553 2015=100 for 2022. Bulgaria BG: House Price Index: Real: sa data is updated yearly, averaging 115.465 2015=100 from Dec 2005 (Median) to 2023, with 19 observations. The data reached an all-time high of 165.398 2015=100 in 2008 and a record low of 99.515 2015=100 in 2013. Bulgaria BG: House Price Index: Real: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Bulgaria – Table BG.OECD.AHPI: House Price Index: Seasonally Adjusted: Non OECD Member: Annual. Nominal house prices deflated using the private consumption deflator from the national account statistics. More information on the nominal house prices are available on the nominal house price indicators selection.

The financial crisis of 2008 has caused a number of changes in the investment of both companies and individuals. One of the widely invested assets became the real estate market. The decline in real estate prices was noted in 2009 and 2012-2014. The highest decrease in property prices was indicated in Bulgaria, Ireland, Lithuania, Latvia, Slovakia and Estonia. Property prices, despite the crisis, increased however in Belgium and Germany. On average, property prices in the EU declined by 4.4% in 2009, 1.9% in 2012 and 1.2% in 2013.

View monthly updates and historical trends for Bulgaria Inflation Rate: Housing and Utilities. Source: Eurostat. Track economic data with YCharts analytic…

Revenue is forecast to contract at a compound annual rate of 2% over the five years through 2025 to €44.7 billion. This is mostly the result of COVID-19 restrictions dampening downstream demand in 2020. While 2021 saw some recovery, poor economic conditions since 2022 have stifled any significant recovery, continuing to weigh on the industry’s revenue performance. In 2025, revenue is slated to dip by 1.1% owing to the cooling housing market, despite significant investment in civil engineering projects across Europe. Despite public funding and support for new residential properties, a weaker housing market has limited stone and aggregates demand from property developers. This is primarily the result of persistently high interest rates, inhibiting borrowing and investing. Another key factor is the decline in cement and concrete manufacturing (two key downstream markets) in Europe since 2021, according to CEMBUREAU, owing to construction companies moving towards lower embedded CO2 construction materials. Still, revenue has been propped up by growing demand from non-construction markets, like glass manufacturers, fertiliser manufacturers and other industrial and building-environment solutions applications (like sand and gravel being used to prevent coastline erosion) Over the five years through 2030, revenue is forecast to grow at a compound annual rate of 2.5%, to €50.7 billion. Economic conditions are likely to remain fairly weak in the short to medium term as inflation remains above the universal 2% target. The elevated rate of inflation will ensure central banks delay any reductions in the base rate, keeping the cost of borrowing high for would-be home buyers. Weaker demand for houses will contribute to weak price performance and disincentivise developers from increasing production, weighing on activity levels in the construction sector. However, pockets of opportunity will remain in alternative uses of stone, clay, gravel and sand.