In Varna, we can already see a decline, and some cities do appear to be plateauing.
The median price data comes from https://t.co/02dRug3KeF and is based on average asking prices. The house price index data comes from the National Statistical Institute of Bulgaria. In Q4 2025, the nationwide house price index already showed a decline.
🇧🇬 Bulgaria is experiencing one of Europe's most extreme housing booms.
Nationwide house prices have surged nearly 50% in just three years.
In some cities, median asking prices are up close to 70% from 2023.
To put that into perspective:
A ~100,000 one-bedroom apartment in Sofia in 2023 costs now ~€150,000.
Meanwhile, mortgage rates continue to fall and buyers are increasingly buying newly built apartments, pushing average transaction values even higher.
Housing affordability is deteriorating rapidly, yet demand remains strong.
Many European housing markets are cooling.
Bulgaria appears to be doing the opposite. Whoever bought pre-2023 = well done.
1-Year House Price Change in Asia (Nominal, Latest Data):
Vietnam: 24.3%
Hong Kong: 9.8%
Japan (Tokyo): 8.2%
India: 3.6%
Singapore: 3.4%
South Korea: 1.8%
Malaysia: 1.7%
Philippines: 1.6%
Thailand: 1.2%
Indonesia: 0.6%
Source: National statistics offices and central banks
@HaveAgencyH1 Yes. Bangkok is not Thailand. The figures are nationwide averages. Some regions can have extreme house price growth while others can stagnate or even decline.
@jjjFinance_ It appears that Hong Kong's housing market has bottomed out and is now rising again. The data comes from the Rating and Valuation Department (RVD).
🇵🇹Portugal's housing boom still hasn't hit a ceiling.
Nationwide house prices rose another +5.24% in Q4 2025 vs Q3.
Year-over-year: +23.25%
A market growing 23% annually doubles roughly every 3 years if sustained.
Prices have now been on an upward trend for the past 13 years.