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According to preliminary data from Bulgaria's National Statistical Institute, property prices rose by 4.5% year on year in the first quarter of 2016.
New housing became 5.8% more expensive in the first quarter of 2016 than in the corresponding period of 2015. Resale property gained 3.7%. The overall annual price increase in the first quarter of 2016 was +4.5%.
According to the NSI, prices in the first quarter of 2015 increased by +2.2% compared with the first quarter of 2014.
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