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ARCO REAL ESTATE presents standart type apartment market overview in June. Be aware of real estate market!
In June 2013, practically no changes were observed in the standard-type apartment market in the Riga City housing estates. In many places, the apartment prices are still slightly increasing. The average standard-type apartment price reached the level of 601 EUR/m² and the average monthly price growth is 0.1%.
Like other years, the activity in the standard-type apartment market has been lower in June. The supply rate has slightly decreased in large housing estates of Riga and in Riga as a whole. No significant changes in apartment prices have been observed. In a number of housing estates there was observed minimal increase in prices of the most favourite apartment series. The apartment prices in the most expensive districts of Riga - Teika and Purvciems – grew by 0.5% on average in June.
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22.07.2013.