{
  "id": "macro_economics/housing/europe_housing_market_activity_monthly",
  "generated_at": "2026-07-15T09:22:45.066421+00:00",
  "last_refresh": "2026-07-13",
  "source": "ECB MIR monthly new housing loans adjusted with Eurostat total dwelling house price index, and Eurostat residential building permit data; mortgage series smoothed with a 3-month moving average before rebasing and weighting.",
  "source_description": "Monthly Bulgaria housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100.",
  "table_id": "macro_economics/housing/europe_housing_market_activity_monthly",
  "meta": {
    "indicator_name": "Bulgaria Housing Market Activity",
    "indicator_description": "Monthly Bulgaria housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100.",
    "title": "Bulgaria Housing Market Activity",
    "description": "Monthly Bulgaria housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100.",
    "source": "ECB MIR monthly new housing loans adjusted with Eurostat total dwelling house price index, and Eurostat residential building permit data; mortgage series smoothed with a 3-month moving average before rebasing and weighting.",
    "source_description": "Monthly Bulgaria housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100.",
    "visibility": "paid",
    "updated_at": "2026-07-13T10:34:51.038196Z",
    "last_refresh": "2026-07-13",
    "table_id": "macro_economics/housing/europe_housing_market_activity_monthly",
    "topic": "Macroeconomics",
    "subtopic": "Housing",
    "geo": [
      "BG"
    ],
    "geo_included": [
      "BG"
    ],
    "page_slug": "bulgaria-housing-market-activity",
    "page_url": "/indicators/macroeconomics/housing/bulgaria-housing-market-activity/",
    "chart_type": "line",
    "series_type": "single",
    "frequency": "monthly",
    "units": "Index (2019 = 100)",
    "legend": false,
    "featured_topic": false,
    "featured_subtopic": false,
    "featured_rank_topic": null,
    "featured_rank_subtopic": null,
    "chart_title": "Bulgaria Housing Market Activity",
    "y_axis_label": "Index [2019=100]",
    "related_indicators": [
      {
        "title": "Bulgaria Furniture Market Hub",
        "url": "/market/bulgaria-furniture-market-hub/",
        "label": "Market hub"
      },
      {
        "title": "Bulgaria Furniture Consumer Market Size",
        "url": "/indicators/retail/market-size/bulgaria-furniture-consumer-market-size/",
        "label": "Market size"
      },
      {
        "title": "Bulgaria Furniture Production Market Size",
        "url": "/indicators/industry/market-size/bulgaria-furniture-production-turnover/",
        "label": "Industry"
      },
      {
        "title": "Bulgaria Consumer Confidence",
        "url": "/indicators/macroeconomics/consumer-sentiment/bulgaria-consumer-confidence/",
        "label": "Sentiment"
      },
      {
        "title": "Bulgaria Furniture Exports by Year",
        "url": "/indicators/industry/trade/bulgaria-furniture-exports/",
        "label": "Trade"
      }
    ],
    "taxonomy_path": [
      "macroeconomics",
      "housing",
      "market-activity"
    ],
    "taxonomy_labels": [
      "Macroeconomics",
      "Housing",
      "Market activity"
    ],
    "taxonomy_nodes": [
      {
        "id": "macroeconomics",
        "label": "Macroeconomics",
        "has_page": true,
        "sort_order": 30
      },
      {
        "id": "housing",
        "label": "Housing",
        "has_page": true,
        "sort_order": 20
      },
      {
        "id": "market-activity",
        "label": "Market activity",
        "has_page": false,
        "sort_order": 10
      }
    ],
    "taxonomy_page_path": [
      "macroeconomics",
      "housing"
    ],
    "taxonomy_page_labels": [
      "Macroeconomics",
      "Housing"
    ],
    "taxonomy_collection": "market-activity",
    "taxonomy_collection_label": "Market activity",
    "entity": {
      "type": "country",
      "geo": [
        "BG"
      ]
    },
    "methodology_url": "/about/methodology/housing-market-activity/",
    "methodology_label": "Housing Market Activity Methodology",
    "data_hash": "3d1ff299a01b92abdb988660c07789381445434ba37dcc292c812ffc606426f5",
    "trend_summary": "The Bulgaria Housing Market Activity indicator shows a significant upward trend from its trough of 81.7 in October 2017 to a peak of 207.8 in December 2025. The index has more than doubled since 2019, with the latest level at its historical high. Recent momentum is strong, with a year-over-year increase of 25.3% over the past three months. Yearly averages indicate a steady rise from 2017 through 2025, with notable growth particularly from 2021 onwards.",
    "trend_summary_generated_at": "2026-07-15T09:22:57.456138+00:00",
    "key_findings": [
      "Bulgaria's housing activity is strong, indexed at 207.8 in December 2025, signaling robust demand.",
      "Housing market remains firm, with a 25.3% year-over-year rise, indicating easing pressure.",
      "Construction permits, expanded monthly, support a strong housing signal, enhancing furniture demand insights."
    ],
    "key_findings_source": "ai_rewrite",
    "key_findings_generated_at": "2026-07-15T09:23:02.306409+00:00",
    "chart_alt_text": "Line chart for Bulgaria Housing Market Activity in index points. The series runs from 2017-08-01 to 2025-12-01; the latest value is 207.8 index points."
  },
  "data": [
    {
      "date": "2017-08-01",
      "geo": "BG",
      "value": 89.37
    },
    {
      "date": "2017-09-01",
      "geo": "BG",
      "value": 82.44
    },
    {
      "date": "2017-10-01",
      "geo": "BG",
      "value": 81.69
    },
    {
      "date": "2017-11-01",
      "geo": "BG",
      "value": 83.12
    },
    {
      "date": "2017-12-01",
      "geo": "BG",
      "value": 88.3
    },
    {
      "date": "2018-01-01",
      "geo": "BG",
      "value": 89.12
    },
    {
      "date": "2018-02-01",
      "geo": "BG",
      "value": 83.12
    },
    {
      "date": "2018-03-01",
      "geo": "BG",
      "value": 83.72
    },
    {
      "date": "2018-04-01",
      "geo": "BG",
      "value": 87.53
    },
    {
      "date": "2018-05-01",
      "geo": "BG",
      "value": 91.08
    },
    {
      "date": "2018-06-01",
      "geo": "BG",
      "value": 91.43
    },
    {
      "date": "2018-07-01",
      "geo": "BG",
      "value": 96.04
    },
    {
      "date": "2018-08-01",
      "geo": "BG",
      "value": 97.9
    },
    {
      "date": "2018-09-01",
      "geo": "BG",
      "value": 93.81
    },
    {
      "date": "2018-10-01",
      "geo": "BG",
      "value": 105.28
    },
    {
      "date": "2018-11-01",
      "geo": "BG",
      "value": 106.5
    },
    {
      "date": "2018-12-01",
      "geo": "BG",
      "value": 111.14
    },
    {
      "date": "2019-01-01",
      "geo": "BG",
      "value": 98.09
    },
    {
      "date": "2019-02-01",
      "geo": "BG",
      "value": 93.1
    },
    {
      "date": "2019-03-01",
      "geo": "BG",
      "value": 93.83
    },
    {
      "date": "2019-04-01",
      "geo": "BG",
      "value": 96.13
    },
    {
      "date": "2019-05-01",
      "geo": "BG",
      "value": 100.2
    },
    {
      "date": "2019-06-01",
      "geo": "BG",
      "value": 99.66
    },
    {
      "date": "2019-07-01",
      "geo": "BG",
      "value": 103.82
    },
    {
      "date": "2019-08-01",
      "geo": "BG",
      "value": 105.77
    },
    {
      "date": "2019-09-01",
      "geo": "BG",
      "value": 104.92
    },
    {
      "date": "2019-10-01",
      "geo": "BG",
      "value": 98.92
    },
    {
      "date": "2019-11-01",
      "geo": "BG",
      "value": 99.66
    },
    {
      "date": "2019-12-01",
      "geo": "BG",
      "value": 105.9
    },
    {
      "date": "2020-01-01",
      "geo": "BG",
      "value": 103.74
    },
    {
      "date": "2020-02-01",
      "geo": "BG",
      "value": 105.01
    },
    {
      "date": "2020-03-01",
      "geo": "BG",
      "value": 102.23
    },
    {
      "date": "2020-04-01",
      "geo": "BG",
      "value": 97.03
    },
    {
      "date": "2020-05-01",
      "geo": "BG",
      "value": 86.94
    },
    {
      "date": "2020-06-01",
      "geo": "BG",
      "value": 85.57
    },
    {
      "date": "2020-07-01",
      "geo": "BG",
      "value": 92.86
    },
    {
      "date": "2020-08-01",
      "geo": "BG",
      "value": 100.56
    },
    {
      "date": "2020-09-01",
      "geo": "BG",
      "value": 101.8
    },
    {
      "date": "2020-10-01",
      "geo": "BG",
      "value": 109.08
    },
    {
      "date": "2020-11-01",
      "geo": "BG",
      "value": 113.21
    },
    {
      "date": "2020-12-01",
      "geo": "BG",
      "value": 118.48
    },
    {
      "date": "2021-01-01",
      "geo": "BG",
      "value": 115.99
    },
    {
      "date": "2021-02-01",
      "geo": "BG",
      "value": 110.58
    },
    {
      "date": "2021-03-01",
      "geo": "BG",
      "value": 109.81
    },
    {
      "date": "2021-04-01",
      "geo": "BG",
      "value": 120.87
    },
    {
      "date": "2021-05-01",
      "geo": "BG",
      "value": 125.22
    },
    {
      "date": "2021-06-01",
      "geo": "BG",
      "value": 131.98
    },
    {
      "date": "2021-07-01",
      "geo": "BG",
      "value": 127.32
    },
    {
      "date": "2021-08-01",
      "geo": "BG",
      "value": 133.94
    },
    {
      "date": "2021-09-01",
      "geo": "BG",
      "value": 127.84
    },
    {
      "date": "2021-10-01",
      "geo": "BG",
      "value": 137.63
    },
    {
      "date": "2021-11-01",
      "geo": "BG",
      "value": 140.88
    },
    {
      "date": "2021-12-01",
      "geo": "BG",
      "value": 150.14
    },
    {
      "date": "2022-01-01",
      "geo": "BG",
      "value": 144.43
    },
    {
      "date": "2022-02-01",
      "geo": "BG",
      "value": 137.15
    },
    {
      "date": "2022-03-01",
      "geo": "BG",
      "value": 136.06
    },
    {
      "date": "2022-04-01",
      "geo": "BG",
      "value": 154.78
    },
    {
      "date": "2022-05-01",
      "geo": "BG",
      "value": 158.67
    },
    {
      "date": "2022-06-01",
      "geo": "BG",
      "value": 159.02
    },
    {
      "date": "2022-07-01",
      "geo": "BG",
      "value": 156.67
    },
    {
      "date": "2022-08-01",
      "geo": "BG",
      "value": 158.53
    },
    {
      "date": "2022-09-01",
      "geo": "BG",
      "value": 151.52
    },
    {
      "date": "2022-10-01",
      "geo": "BG",
      "value": 134.25
    },
    {
      "date": "2022-11-01",
      "geo": "BG",
      "value": 135.72
    },
    {
      "date": "2022-12-01",
      "geo": "BG",
      "value": 142.1
    },
    {
      "date": "2023-01-01",
      "geo": "BG",
      "value": 138.28
    },
    {
      "date": "2023-02-01",
      "geo": "BG",
      "value": 132.08
    },
    {
      "date": "2023-03-01",
      "geo": "BG",
      "value": 131.61
    },
    {
      "date": "2023-04-01",
      "geo": "BG",
      "value": 142.29
    },
    {
      "date": "2023-05-01",
      "geo": "BG",
      "value": 146.85
    },
    {
      "date": "2023-06-01",
      "geo": "BG",
      "value": 151.25
    },
    {
      "date": "2023-07-01",
      "geo": "BG",
      "value": 146.39
    },
    {
      "date": "2023-08-01",
      "geo": "BG",
      "value": 149.95
    },
    {
      "date": "2023-09-01",
      "geo": "BG",
      "value": 139.71
    },
    {
      "date": "2023-10-01",
      "geo": "BG",
      "value": 164.7
    },
    {
      "date": "2023-11-01",
      "geo": "BG",
      "value": 169.3
    },
    {
      "date": "2023-12-01",
      "geo": "BG",
      "value": 179.61
    },
    {
      "date": "2024-01-01",
      "geo": "BG",
      "value": 161.77
    },
    {
      "date": "2024-02-01",
      "geo": "BG",
      "value": 158.55
    },
    {
      "date": "2024-03-01",
      "geo": "BG",
      "value": 157.37
    },
    {
      "date": "2024-04-01",
      "geo": "BG",
      "value": 161.59
    },
    {
      "date": "2024-05-01",
      "geo": "BG",
      "value": 162.11
    },
    {
      "date": "2024-06-01",
      "geo": "BG",
      "value": 166.2
    },
    {
      "date": "2024-07-01",
      "geo": "BG",
      "value": 161.88
    },
    {
      "date": "2024-08-01",
      "geo": "BG",
      "value": 165.48
    },
    {
      "date": "2024-09-01",
      "geo": "BG",
      "value": 159.95
    },
    {
      "date": "2024-10-01",
      "geo": "BG",
      "value": 157.76
    },
    {
      "date": "2024-11-01",
      "geo": "BG",
      "value": 157.31
    },
    {
      "date": "2024-12-01",
      "geo": "BG",
      "value": 161.63
    },
    {
      "date": "2025-01-01",
      "geo": "BG",
      "value": 170.13
    },
    {
      "date": "2025-02-01",
      "geo": "BG",
      "value": 165.71
    },
    {
      "date": "2025-03-01",
      "geo": "BG",
      "value": 164.94
    },
    {
      "date": "2025-04-01",
      "geo": "BG",
      "value": 169.25
    },
    {
      "date": "2025-05-01",
      "geo": "BG",
      "value": 174.29
    },
    {
      "date": "2025-06-01",
      "geo": "BG",
      "value": 184.25
    },
    {
      "date": "2025-07-01",
      "geo": "BG",
      "value": 194.19
    },
    {
      "date": "2025-08-01",
      "geo": "BG",
      "value": 197.55
    },
    {
      "date": "2025-09-01",
      "geo": "BG",
      "value": 187.96
    },
    {
      "date": "2025-10-01",
      "geo": "BG",
      "value": 195.2
    },
    {
      "date": "2025-11-01",
      "geo": "BG",
      "value": 194.13
    },
    {
      "date": "2025-12-01",
      "geo": "BG",
      "value": 207.85
    }
  ]
}