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Real estate transactions in Latvia grew by 11.6% in 2013
BC, Riga, 20.01.2014.
Print version
Print versionCompared to 2012, the number of real estate transactions grew by 11.6% in Latvia in 2013, according to the analysis of the Land Register's data by the real estate company Latio, cites LETA/Nozare.lv.
Private home transactions grew 13.2%. Apartment transactions rose 20.7%.
44,000 real estate transactions were registered in Latvia in 2013, of which private home transactions constituted around one half.
Compared to 2012, the number of apartment transactions grew 19.4% in Riga in 2013. Apartment transactions rose 18.7%, transactions involving private homes – 25.7%.
9,800 housing transactions were registered in Riga in 2013, of which apartment transactions comprised 90%.
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