Apartment Prices in Soviet-era Standard Design Houses Up 0.2% this Year - Arco Real Estate

RIGA, March 8 (LETA) - In February this year, apartment prices in Soviet-era standard design houses in Riga remained virtually unchanged from January but rose 0.2 percent from the beginning of the year, Arco Real Estate said in its latest report on the situation in the standard-design apartment market.

The average price of the standard-design apartments in February 2018 grew to EUR 799 per square meter but still were two times lower than in July 2017 when the average price of a non-renovated Soviet-era apartment hit all-time-high of EUR 1,620. Compared to the...