Bulgaria registered the world's sixth-biggest fall in residential property prices during the first quarter of the year in an unnoticeable and feeble sign of optimism, a survey has shown.
Bulgaria was one of several European housing markets, which experienced accelerated downturns during the year 2011 – down by 9,65% year-on-year, Novinite.com reports.
Now it is part of those European countries, which see positive changes in the momentum of the housing markets, but these are so feeble, that they hardly signal a recovery.
Source: http://www.balkans.com/open-news.php?uniquenumber=146289