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CORPORATE

Real estate market forecast: pricing peak has been reached

Developers now openly talk that the rise in real estate prices that has been ongoing for a few years and rising sales have declined. Supply continues to rise, but increasingly fewer homes are being purchased […]

Economy

Vilnius to crack down on landlords who don’t pay taxes

Vilnius authorities are intent on cracking down on unaccounted property rents. Under a new proposal, brokers will have to register and share information about their contracts with landlords.

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Economy

Lithuania’s mortgage market on fast track of recovery

The mortgage market in Lithuania is showing strong signs of recovery, the Bank of Lithuania says. Growing income, low interest rates and optimistic outlook encourages people to take out loans in order to buy properties. […]

Economy

Rents in Vilnius grow faster than income

Over the last three years, rise in apartment rents in Vilnius outpaced the growth of people’s income, statistics show.

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