Company’s BALSTS observationts in June showed that there are not very significant changes in the real estate market compared with the previous month. Prices have stayed unchanged, slightly increased an activity of clients.
Company’s BALSTS observations in july showed that the real estate market has picked up – people are looking for properties for their own use and investment purposes. Basically, customers are locals.
Real estate company’s BALSTS observations in August showed that customer activity increased, particularly in a commercial segment. Real estate prices remained at the same level.
Real estate company’s BALSTS observations made in September, shows that
the situation in the real estate market has stabilized. In most of Riga
property prices have remained at the same.
Real estate company’s BALSTS observations in October shows that in some segments customer activity has clearly increased. Basically, prices have remained at the same level, but there are areas where is a sharp price decline.
Real estate company’s BALSTS observations in December shows that, this is the first time when after a year price growth, at the end of
the year prices are dropped. In the segment of Series-type apartments prices has dropped average about 1,5%,
but in the rental segment up to 10%.