Latvia, Real Estate
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Apartment prices in Riga grew by 5.4% in September y-o-y
Nina Kolyako, BC, Riga, 15.10.2012.
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In September 2012, apartment prices in Riga increased by 5.4% from September 2011, according to the latest Ober-Haus real estate market overview.
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Compared to August 2012, apartment prices in Riga grew on average 0.1%.
In January-September 2012, the number of apartment transactions in Riga rose 29.6% from the respective period in 2011, writes LETA.
Compared to the record high prices registered in May 2007, apartment prices in Riga dropped 57.4%.