High property prices the main reason that deters 34% of residents from buying new home

Published date28 July 2022
Publication titleLETA

RIGA, July 28 (LETA) - High property prices is the main reason that deters 34 percent of Latvia's residents from buying a new home, according to a survey carried out by market and public opinion research agency Norstat and the Latvian branch of Bigbank.

34 percent of respondents, or two thirds of those who are considering buying a new home in the near future, said that high real estate prices was the biggest obstacle.

ccording to Bigbank, this argument is the most crucial for those residents who need to buy a...

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