The steady growth in house prices predicted in Lithuania in 2013

The steady growth in house prices predicted in Lithuania in 2013

In 2012 the number of sold properties in Lithuania has increased and has reached a crisis level in 2004. According to the Centre of Registers, despite a slight slowdown in sales in 2012, has been issued about 101 000 transactions, which is 10% more than in 2011. Growth of the real estate market will contribute to stability and sustainable development in 2013.

According to the Centre of Registers, the market is growing, mainly due to active trading ground, which always makes up about half of all real estate transactions. In 2012 land transactions have reached new heights, reaching 56% of total sales of real estate in Lithuania.