Apartment prices in the country’s major cities rose by 0.1% in September

The Ober-Haus Lithuanian apartment price index (OHBI), which follows changes in apartment sale prices in the five biggest Lithuanian cities (Vilnius, Kaunas, Klaipėda, Šiauliai and Panevėžys) increased by 0.1% in September 2024. The annual apartment price growth in the biggest cities of Lithuania was 3.0% (a 3.0% increase was recorded in August 2024).

In September 2024 apartment prices in Kaunas, Klaipėda and Panevėžys increased by 0.3%, 0.4% and 0.7% respectively, with the average price per square reaching EUR 1,795 (+6 EUR/sqm), EUR 1,708 (+6 EUR/sqm) and EUR 1,118 (+9 EUR/sqm). In the same month, apartment prices in Vilnius decreased by 0.1% and the average price per square meter dropped to EUR 2,617 (-3 EUR/sqm). Apartment prices in Šiauliai did not change during the month and the average price per square meter remained at EUR 1,137.

In the past 12 months, the prices of apartments increased in all the biggest cities in the country: 1.9% in Vilnius, 4.1% in Kaunas, 5.9% in Klaipėda, 3.1% in Šiauliai and 3.7% in Panevėžys.

Full review (PDF): Lithuanian Apartment Price Index, September 2024