Knight Frank's specialists compiled a global property price growth ranking for the I quarter of 2016. Bulgaria placed 28th.
Thus, Bulgarian housing prices had risen by 4% year on year by the end of the first quarter and by 3.1% compared with the IV quarter of 2015.
The strongest result belonged to Turkey. Property prices there rose by 15.3% annually. Sweden ranked 2nd with 13% growth and New Zealand 3rd with 11%. Lithuania and Malta also entered the top five.