Good for Business, Latvia, Legislation, Real Estate

International Internet Magazine. Baltic States news & analytics Tuesday, 16.04.2024, 23:00

Real estate purchase transactions in Latvia grew by 14.6% in February y-o-y

BC, Riga, 21.03.2013.Print version
In February 2013, the number of real estate purchases in Latvia increased by 14.6% from February 2012, housing transactions – 15%, according to the analysis of the Land Register's data by the real estate company Latio, writes LETA/Nozare.lv.

The number of apartment purchases in Latvia grew by 16.5% in February 2013, whereas the number of private house purchases increased by 1%.

 

Compared to February 2012, the number of apartment purchases in Riga grew 9.2% in February 2013, the number of private house purchases reduced by 4.5%.

 

The number of apartment purchases in Riga is significantly larger than the number of private house purchases. 640 apartment transactions were registered in February 2013 in Riga, comprising 90% of all housing purchases in Riga.






Search site