In Latvia, housing prices continue to rise at a faster rate than the average in the EU. In the 4th quarter of last year, they increased by 1.9% compared to the 3rd quarter and by 11% compared to the same quarter of 2024.
In the 4th quarter of 2025, housing prices in the EU, according to Eurostat, increased by 5.5%, and rents by 3.2% compared to the same quarter of 2024.
Compared to the 3rd quarter of 2025, prices for apartments and houses increased by 0.8%, and rents by 0.6%. Over the past 10 years, from 2015 to the 3rd quarter of 2025, housing prices in the EU have increased by 65%, and rents by 22%. Latvia once again demonstrated indicators significantly higher than the European average: over the same period, real estate prices in the country increased by more than 120%, and rents by more than 30%.
Source: LSM
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