Lithuania, Real Estate
International Internet Magazine. Baltic States news & analytics
Saturday, 20.04.2024, 06:12
House prices in Lithuania grew by 1.5% in Q1
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According to the data of Statistics Lithuania, apartment prices in older buildings increased by 1.6%. Prices in apartment buildings went up by 4.4%, while prices of apartment buildings with one or two flats decreased by 7.4%.
Apartment prices in new developments increased by 1.3% and prices of apartment buildings with one or two flats in such developments increased by 6.6%, while apartment prices in larger buildings decreased by 0.7%.
In the first quarter of 2014 year-on-year apartment prices increased by 3.9%. Apartment prices in older buildings increased by 9.5%, while prices in buildings with one or two flats decreased by 6.4%.
In the first quarter of 2014 year-on-year, price decrease in newly built apartments was caused by price drop of larger apartments in major cities.
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