Latvian house prices continue to rise strongly / Article

In the fourth quarter of 2025, house prices in the EU rose by 5.5%, while rents increased by 3.2% compared with the fourth quarter of 2024, according to Eurostat data published on April 7th.

Compared with the third quarter of 2025, house prices increased by 0.8% and rents by 0.6%.

In Latvia, real estate prices continue to rise at an even faster rate. Compared to the third quarter of 2025, prices rose by 1.9% in the fourth quarter. Compared to the fourth quarter of 2024, prices rose by an impressive 11%.

During the last decade, between 2015 and the third quarter of 2025, house prices in the EU increased by 64.9% and rents by 21.8%.

Here again, Latvia’s growth rates are comfortably above those figures, as evidenced by the graph below, which shows growth of more than 120% in house prices over the decade and rental price growth of more than 30%.

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