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Supply of apartments in Riga drops 6% in December - Arco Real Estate
BC, Riga, 04.01.2019.
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In December 2018, the supply of apartments in Riga decreased by 6 percent compared to November 2018, while in Riga's largest residential neighborhoods the apartment supply fell 8%, Arco Real Estate said in its latest housing market review, citing LETA.
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Compared to December 2017, the supply of apartments was down 11% across Riga and dropped 6% in the residential neighborhoods.
The highest supply of apartments in December last year was recorded in the neighborhoods of Purvciems, while the lowest supply was in Bolderaja.