Lithuania's housing market mixed
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Lithaunia’s housing market shows mixed results, amidst economic slowdown. House prices continue to rise, but only modestly. While property demand remains depressed, residential construction activity has bounced back strongly.
Lithuania’s five major cities’ apartment price index (covering Vilnius, Kaunas, Klaipėda, Šiauliai and Panevėžys) rose by 3.39% (2.35% inflation-adjusted) y-o-y in April 2016, according to Ober Haus Real Estate Advisors.
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