An article from yesterday in Pari (Money) Newspaper reports that the prices of the apartments in Sofia reached the top and exceed the amounts that the buyers are willing to pay. This wise discovery is made by the executive director of Address Real Estate Katya Tzenova.
Finally, they managed to discover that the greed for commissions will kill the market and they cannot push the prices up endlessly. It was very widely used by the estate agents to insist that certain properties can be sold for a price that is sometimes 30% or 40% above the initial asked. That is why I am still waiting Address to sell one property which they “discovered” to worth 20% more than the initially asked price. Well I am still waiting and it is good that it is not only them who are selling it 
