Lithuania’s residential property prices fell 2.1% in the fourth quarter of 2015, according to data from Statistics Lithuania.
© DELFI / Mindaugas Ažušilis

Prices for new-build properties in Lithuania dropped by 5.2% over the quarter while prices for existing properties edged down by 1%.

The fall in prices followed three successive quarters of rising prices.

On an annual basis, residential property prices were up 3.3% on the same period last year, marking the ninth consecutive quarter of growth in prices on year-on-year basis.

Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Lithuania's draft 2019 budget projects higher revenue and expenditure

Lithuania's draft 2019 budget projects higher revenue and expenditures and a larger deficit than this...

Lithuanian social insurance surplus to grow 73 pct next year, pensions to rise 8 pct

The Lithuanian state social insurance fund Sodra 's draft budget for 2019 targets a revenue surplus...

Varle.lt’s cryptocurrency payments volume grows by more than 1,200 percent

More and more people are becoming familiar with and are acquiring bitcoins from their friends or...

Estonia's SK ID Solutions plans to set up unit in Vilnius

Estonia's authentication and electronic signature solutions company SK ID Solutions is setting up a...

IT labour market: most in-demand professionals revealed

There are more than a dozen different jobs in the IT sector and a future professional is faced with a...