International Internet Magazine. Baltic States news & analytics
Sunday, 30.04.2017, 04:30
Lithuania's housing market turnover reaches EUR 378 mln in Q1
The year-on-year increase was mostly due to apartment buyers in the country's major cities in towns, the Center of Registers said in a press release.
Fifty-eight percent of the money spent in the first quarter went to purchase old-build flats, whose prices rose by 1.8% on average compared with the end of last year and was up by 6.3%from the 2016 average annual level.
Prices for new-build flats, meanwhile, slid by 3.7% q-o-q and were down by 1.2% from the 2016 average price.
Prices for new-build houses rose by 2.1% and 1.8%, respectively, and prices for older-build houses were up by 4.6% and 5.5%, respectively.