Lithuania, Real Estate

International Internet Magazine. Baltic States news & analyticsThursday, 02.09.2010, 22:39

Sales of new apartments in Vilnius decreased by 70% in H1 y-o-y

Danuta Pavilenene, BC, Vilnius, 20.07.2009.Print version
Over 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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