aA
Real estate sales rose 7 percent in the first seven months of this year in Lithuania, with almost 75,000 units having changed hands, according to preliminary data from the country's Center of Registers.
Real estate sales continue to go up
© DELFI / Domantas Pipas

In July alone, some 12,000 real estate transactions were recorded, up by a tenth year-on-year and up 15 percent from June.

"The real estate market expanded in July after a drop in the number of sold real estate in June. It was probably partly determined by technical matters as previously agreed transactions were registered in July. Looking at the whole year's tendencies, there's been modest market growth so far, which has been observed over the whole of the year," Paulius Rudzkis of the Center of Registers said in a statement.

Over 20,000 apartments changed owners in the seven months, up 5 percent from January-July last year. The sales of single homes rose 9.7 percent to 6,500, and also over 37,000 land lots were sold during the period, up 8 percent.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.

Minister: lower VAT rate on food wouldn’t benefit people

The Lithuanian government has no plans to cut the VAT rate on food as it would not benefit people,...

President: Baltics and Poland could be alternative route for Ukrainian grain

The Baltic countries and Poland could offer an alternative route for Ukrainian grain exports amid...

Trade representative office in Taipei to start working in several months

The head Lithuanian trade representative office in Taiwan's capital, Taipei, will start working in...

President sees Azerbaijan as important EU partner in weaning off Russian energy

Azerbaijan should become an important partner of the European Union in its efforts to wean itself off...

Lithuania raises non-taxable income threshold to EUR 540

The Lithuanian parliament on Tuesday voted to raise the non-taxable income threshold by 80 euros to...

Top news

President to decide on reelection by end of 2023

Lithuanian President Gitanas Nauseda says he will probably decide on seeking a second presidential...

Slepavicius assumes position of ambassador to South Korea

Ricardas Slepavicius on Thursday assumed the position of Lithuania's ambassador to the Republic of...

Minister: lower VAT rate on food wouldn’t benefit people

The Lithuanian government has no plans to cut the VAT rate on food as it would not benefit people,...

Landsbergis: no clear promises yet on boosting Baltic defenses

Lithuania does not yet have any clear promises on beefing up the Baltic countries' defenses amid the...

Interior Ministry to propose lifting movement restrictions for migrants

Lithuania's Interior Ministry will propose lifting the existing movement restrictions for irregular...