The prices of real estate in Bulgaria and the EU have increased significantly in the past five years, data of Eurostat about the period 2014-2018 show. The property prices in the EU rose 15% on average and prices of real estates in the Eurozone saw 11% increase. Estonia ranks first in the ranking, where property prices increased with 83%. Cyprus places last in the ranking. Property prices in this country fell with 8%. In Bulgaria property prices increased with 14% in 2014, 2.3% in 2015, 7% in 2016, 8.7% in 2017 and 6.6% in 2018. Real estate prices in Bulgaria rose 26% in the past five years. Biggest collapse in the property prices in Bulgaria was registered in 2009-20%. In 2010 property prices in this country fell with another 10%. According to Eurostat, 7 in 10 EU citizens possess own properties. In Bulgaria and Romania nearly 97% of the citizens possess real estate properties. Germany ranks last in this ranking. Only 51% of the German citizens possess own properties.
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