The Bulgaria property market has listed second highest increase in prices globally in Q2 2007. According to a new global property survey, Bulgaria property prices jumped by over 27% in Q2 of this year, increasing by almost 15% compared with the same quarter last year. The impressive growth pushed Bulgaria property up eight spots in the Knight Frank review. Global real estate prices increased almost 8% annually in the 2nd quarter of 2007, according to the report. House price growth across much of Europe has stalled or begun to fall. Strong countries from previous years have seen their growth rates slow noticeably. Price drops have continued in countries like France, the Netherlands, Denmark, and Switzerland. The German property market also continues to stagnate, with y-o-y price growth having dropped for the last four quarters. Bulgaria property was one of the few areas to buck the trend.
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