Lithuania, Real Estate
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Monday, 31.03.2025, 11:51
Vilnius apartment prices in April keep edging up for 3rd month
BC, Vilnius, 10.05.2013.
Print version
Print versionVilnius apartment prices edged up for the third month in a row, rising 0.4% to 1,195 EUR/sqm in April 2013. Still, there was a negative annual change in apartment prices, which decreased 0.5% in March 2013 (a 1.1% annual decrease was recorded in March 2013), reports LETA/ELTA, referring to real estate company Ober Haus.
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The stability in prices and historically low interest rates are having a positive effect on the number of transactions. In first four months of this year the number of apartment transactions in Vilnius increased by 25% comparing with the same period of 2012.
In April 2013, apartment prices in Riga remained stable, with an average price of 991 EUR/sqm. The average apartment price in Tallinn decreased 0.4% to 1,206 EUR/sqm in April 2013.
Compared with April 2012, the average price increased 10.0%, the company said in a report.
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