As noted by NoviniteAfter a period of active purchases associated with expectations of the country’s entry into the eurozone, the market began to cool down. The number of transactions decreased by about 10%, while the supply increased by 25%. This gave buyers more time to make decisions and reduced pressure from sellers.
Three reasons for the change in the market
Analysts identify several key factors.
First, the so-called “eurozone effect” has weakened. In 2025, many investors bought housing in the expectation of rapid price growth after the transition to the euro. By the beginning of 2026, this factor has already been recouped, and prices have stabilized.
Secondly, there is still high activity in the mortgage market. Despite the decline in the number of transactions, the volume of lending increased by 14%. The average mortgage rate remains at 2.47%. This makes borrowed funds affordable and supports demand from those who buy housing for themselves.
Third, localized imbalances persist. For example, high prices for garages are fixed in Sofia – from 50 thousand to 100 thousand euros. This is due to the shortage of parking spaces, which makes such objects a separate investment asset.
According to the source, experts recommend caution. Even with an affordable mortgage is important not to overload the budget: monthly loan payments should not exceed 30% of net family income.
