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2016 upswing in residential market only a little below 2004–2007

  • 2017-04-19
  • Lucas Jurgonaut
The year of 2016 has played out as a very good year for the Lithuanian residential market, with the country’s region seeing a quicker growth phase. A positive factor was that, after a lengthy pause, Kaunas region, similarly to Vilnius, is demonstrating signs of recovery. According to data from the State Enterprise Centre of Registers, in 2016, the number of transactions for apartments in Lithuania was 13% higher and the number of transactions for houses was 7% higher than in 2015. The overall residential market activity in Lithuania in 2016 was only surpassed by ind...
 
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