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Number of real-estate transactions in Latvia grew by 0.8% in H1

BC, Riga, 07.07.2014.Print version
In the first six months of 2014, compared to the same period last year, the number of real-estate transactions in Latvia has increased by 0.8%, informs LETA/

About 21,000 real-estate transactions have been registered in Latvia in the past six months, according to the analysis of Land Register data conducted by real estate company Latio.


Compared to previous post-crisis years, the rate of growth for transactions has slightly slowed down in almost all real-estate market sectors, Latio indicates.


The number of apartment transactions grew by 3.1%, while the number of transactions involving private houses – 14.7%.


The number of housing purchases in Riga in the first six months of 2014, was 6.1% higher than in the same period last year.


The number of apartment purchases in Riga increased 5.4%, while the number of private house purchases grew 17.3%.

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