Prices Of Bulgarian Houses Grow Most In 2007

House prices in Bulgaria registered the highest increase in the world in 2007, while those in the US were at a standstill and price growth in Europe slowed down, according to the Global Property Guide list.

According to figures until the end of September 2007, Bulgarian house prices had risen by 30.6 per cent, BBC said.

Second in the ranking was the Chinese city of Shanghai with house price increases of 27.9 per cent in the first 10 months of 2007.

Singapore, Estonia’s Tallinn and Lithuania followed in the ranking, with price increases of respectively 27.6, 23.4 and 13.6 per cent.