Housing Index in Latvia decreased to 145.37 points in the fourth quarter of 2019 from 145.68 points in the third quarter of 2019.

Housing Index in Latvia averaged 109.98 points from 2006 until 2019, reaching an all time high of 157.05 points in the first quarter of 2008 and a record low of 78.52 points in the first quarter of 2010. This page provides - Latvia House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia House Price Index - values, historical data and charts - was last updated on May of 2020.

Housing Index in Latvia is expected to be 133.73 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Housing Index in Latvia to stand at 134.17 in 12 months time. In the long-term, the Latvia House Price Index is projected to trend around 134.42 points in 2021 and 134.46 points in 2022, according to our econometric models.

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Latvia House Price Index

Actual Previous Highest Lowest Dates Unit Frequency
145.37 145.68 157.05 78.52 2006 - 2019 points Quarterly
2015=100, NSA

Latvia Housing Last Previous Highest Lowest Unit
Housing Index 145.37 145.68 157.05 78.52 points [+]
Construction Output 1.10 -0.80 25.00 -26.80 percent [+]
Building Permits 718.00 1018.00 1044.00 163.00 Units [+]
Home Ownership Rate 81.60 81.50 87.20 80.20 percent [+]


Latvia House Price Index
In Latvia, the House Price Index measures residential property market prices. The HPI captures price changes of all kinds of residential property purchased by households (flats, detached houses, terraced houses, etc.), both new and existing. Only market prices are considered, self-build dwellings are therefore excluded. The land component of the residential property is included.