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Bulgarian Property Prices Continue to Fall

Figures released from the national statistics reveal a further reduction in Bulgarian property prices in the country in the 3rd quarter of the year.

During the period from June to September Bulgarian property prices decreased by 0.8%.This amounts to an overall decline of 6.1% since the same period in 2010. The hardest hit regions are said to be Smolyan,Yambol and Pleven.

Experts are reluctant to comment on what the future holds for Bulgarian real estate, but most agree that during the current climate their is not as yet a positive sign of recovery.