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ARCO REAL ESTATE presents standart type apartment market overview in September. Be aware of real estate market!
In September 2013, the prices of standard-type apartments located in Riga housing estates had the trend of a slight growth. A slight price increase was observed in almost all the largest Riga housing estates. The average standard-type apartment price has reached the level of 606 EUR/m² in September, and the average price growth was 0.3%.
The total standard-type apartment price growth is approaching the limit of 2% this year. An exception is the standard-type apartment price in Bolderaja, where there were observed totally contrary market trends – the price fall this year has already exceeded 2%. In September, minimal negative price fluctuations were observed also in Vecmilgravis. It only shows once again that high quality real properties are dominating not only the standard-type apartment segment, but also the whole housing segment in 2013, and the main factor is the location of property. Price differences between the cheapest and the most expensive housing estates are growing.
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17.10.2013.