Latvia house prices: average price of a standard type apartment, Riga (Euro per sq. m.)
Apartment prices in Riga, 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.
House prices in Riga, % change 1 yr
Nominal and inflation-adjusted ('real')
Source: Arco Real Estate
Quarterly change in house prices, inflation-adjusted
This table shows the change in house prices during a single quarter, adjusted for inflation.
Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.