Housing affordability improves in all Baltic capitals

  • 2018-12-20
  • LET/TBT Staff
In the third quarter of this year, housing affordability improved in all three Baltic capitals, Swedbank representatives informed citing the latest Swedbank Baltic Housing Affordability Index (HAI). The bank’s representatives said that in the third quarter of 2018 the value of the HAI in Riga was 186 points, up 8.7 points from the respective period last year. It means that the monthly income of a family whose income is equal to 1.5 of average net wages (EUR 1,245) and that wants to buy an average-sized apartment of 55 square meters is 86 percent higher than needed t...
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