Lithuania's housing market remains buoyant
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House prices continue to rise in Lithuania, amidst modest economic growth. Property demand is rising strongly, and residential construction is surging. Apartment prices in the capital, Vilnius, have risen by 24.4% (11.2% inflation-adjusted) since the post-crisis low of May 2010, in a slow and steady rise.
Lithuania’s five major cities’ apartment price index (covering Vilnius, Kaunas, Klaipėda, Šiauliai and Panevėžys) rose by 5.56% during the year to Q1 2017(2.38% inflation-adjusted), according to OberHaus Real Estate Advisors.
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