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Market report about situation on April 2013



BALSTS INDEX REMAINS UNCHANGED FOR THE THIRD MONTH

April 2013 showed 0.17 - 0.58% price increase in new projects and secondary market in Centre, Plavnieki, Agenskalns, Jugla and Imanta. In opposition - price drop by 0, 13 to 0.68% were spotted in Mezaparks, Mezciems and Vecmilgravis. Average apartment price in Riga for April constituted 579 euros per square meter.  

 

The number of transactions compared to April 2012 increased by 15%. Transaction amount still remains unchanged within around 1065 transactions per month. In total during April Balsts index is constant already for third month – 131 point.

  In April real estate company BALSTS starts to swing up the spring. We started the most radical changes that ever have been in property evaluation industry. We have taken the first steps to implement electronic form of property evaluation in Latvia by 1st of July. The electronic evaluation will bring many benefits. At first, it would be more ecological. But ecological aspect is not the only advantage. When we will start electronic evaluation many processes will become much faster, more convenient, more accessible and safer.

 

 

 

More information you will get::

Balsts ,Lacplesa 41,

Тel.: + 371 67076191

Fax: + 371 67076199

info@balsts.lv, www.balsts.lv

  

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