Lithuania, Real Estate
International Internet Magazine. Baltic States news & analyticsTuesday, 09.02.2010, 15:29
Sales of new apartments in Vilnius decreased by 70% in H1 y-o-y
Danuta Pavilenene, BC, Vilnius, 20.07.2009.
Print version
Print versionOver the first six months of 2009, around 500 new flats were sold or reserved in Vilnius.
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According to the data presented by the Centre of Registers, the sales went down around 70% compared to the H1 of 2008.
This year, over 60% of sold flats were economy-class flats which cost average 2,500-4,500 litas (728.26 – 1,311 euros) per square meter. Flat prices in this sector dropped around 17% over the first half-year of 2009.
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