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House price changes in Latvia

Last updated: September, 06, 2015

a1. House price change (Riga)

a2. % change over a year earlier

a3. Latvia, Riga

a6. Latvia. Arco Real Estate releases monthly average price per square metre of standard-type apartments in the housing estates of Riga. It stretches back to 2007. Ober-Haus Real Estate Advisors, the largest real estate agency in the Baltic and Central European Region, also publishes monthly time-series data of average apartment prices per square metre in Riga, with the series starting in 2004.

a8. Average Price of a Standard Type Apartment, Riga (Euro per sq. m.)

a9. Latvia, Riga

a10. Source: Arco Real Estate


Quarterly Change in house prices


 Q1Q2Q3Q4
2015 0.47 0.78 0.78
2014 2.45 1.43 0.63 -0.62
2013 0.00 1.01 0.83 1.16
2012 1.54 0.51 -0.17 0.17
2011 -1.31 -1.83 -1.02 -0.17
2010 9.79 -14.69 3.48 20.59
2009 -25.17 -34.54 -4.13 6.98
2008 -6.07 -5.20 -7.21 -12.42
2007 -6.83
% change over a quarter (QoQ)

This table shows the change in house prices during a single quarter.

The figures are not adjusted for inflation, so may overstate house price rises (or understate declines).

Four quarter's house price changes may NOT sum to the annual (year-on-year) change in house prices, for statistical reasons.


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