Lithuania's property market stagnating
This content is archived.
After four years of house price falls, Lithuania’s housing market remains weak. House prices continue to fall, though at a much slower pace.
The good news is that housing construction and permits are significantly up this year, and housing loan volumes are beginning to recover. Unemployment is falling, and a new anti-austerity socialist government was been elected. However, no housing market recovery is expected next year, according to most local real estate experts.
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