Real estate deals in Latvia increased by 15%

Real estate deals in Latvia increased by 15%

In February 2013, growth of sales transactions of real estate was recorded in Latvia (+14.6% compared to February 2012), according to The Baltic Course. In this case, the Latvian apartments were often sold at 16.5%, while the number of transactions with private homes increased by only 1% in February 2013.

For comparison, on the real estate market in Latvia apartments in Riga are sold more often (+9.2% compared to February 2012), while the number of transactions of private houses fell by 4.5%. Overall growth of transactions (5%) was recorded in Jurmala.