Lithuania, Real Estate
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Friday, 29.03.2024, 07:37
Prices of old construction dwellings in Lithuania dropped by 4.7% in Q4
BC, Vilnius, 23.03.2015.Print version
In the fourth quarter of 2014, compared to the third quarter of 2014, housing prices in Lithuania dropped by 4.3%. Prices of old construction housing decreased the most, by 4.7%. Of them, prices of flats in one and two dwelling buildings decreased by 17.2%, while in multi-dwelling buildings by 1%, reports LETA/ELTA.
Based on the data of Statistics Lithuania, housing in new construction buildings became by 2.8% cheaper. Of them, flats in one and two dwelling buildings fell by 10%, whereas in multi dwelling buildings by just 0.1%.
In the fourth quarter of 2014, compared to the fourth quarter of 2013, aggregate housing prices increased by 2.7%.
Prices of flats in old construction multi-dwelling buildings increased by 8.1%, while in one or two dwelling buildings fell by 16.1%. Prices of flats in new construction multi-dwelling buildings increased by 7.2%, whereas in one or two dwelling buildings by 2.4%.