Lithuania's housing market rising - very slowly
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Demand for houses remains depressed in Lithuania, despite good economic growth. Lithuania’s five major cities´ apartment price index (covering Vilnius, Kaunas, Klaipėda, Šiauliai and Panevėžys) rose by 0.6% (0.8% inflation-adjusted) during the year to end-Q2 2015, according to Ober Haus Real Estate Advisors. This was the seventh quarter of annual house price increases.
Apartment prices in the capital, Vilnius, have risen by 12.5% since the post-crisis low of May 2010, a slow and steady rise.
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