Property prices fall in Lithuania

DELFI / Mindaugas Ažušilis

Prices for new-build properties in Lithuania dropped by 5.2% over the quarter while prices for existing properties edged down by 1%.

The fall in prices followed three successive quarters of rising prices.

On an annual basis, residential property prices were up 3.3% on the same period last year, marking the ninth consecutive quarter of growth in prices on year-on-year basis.

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