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Lithuanians continuously interested in new apartments
BC, Riga, 22.04.2013.
Print version
Print versionActive construction in Vilnius not only improves a number of housing supply parameters but also continues to fuel buyers' interest in new apartments, reports LETA/ELTA, referring to Ober-Haus.
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According to data from Ober-Haus, in Q1, a total of 710 new apartments in completed apartment buildings and those in progress in the five main Lithuanian cities were purchased or booked directly from constructors. This is an increase of 70% compared to Q1 of 2012.
Vilnius was the unsurpassed leader with 560 new apartments sold (which is an increase of 35% compared to Q4 of 2012 and an increase of 87% compared to a year ago).
The main reasons governing this growth were not only growing trust in the market and favourable borrowing conditions but also the significantly improved selection of apartments on offer, Ober-Haus says.
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