Lithuanian apartment price index - December 2011
In December 2011, the Ober-Haus Lithuanian apartment price index (OHBI), which records changes in apartment prices in the five main Lithuanian cities (Vilnius, Kaunas, Klaipėda, Šiauliai, and Panevėžys), dropped 0.1%. Over the past 12 months, apartment prices in the main Lithuanian cities decreased 0.6%.
During the last month of 2011, positive changes were recorded in Klaipėda only, where apartment prices grew 0.1%. In Kaunas, apartment prices remained stable, while they decreased in the other main Lithuanian cities: 0.1% in Vilnius, 1.5% in Šiauliai, and 0.5% in Panevėžys.
Over the past 12 months, the growth in apartment prices in Vilnius decreased to 0.7% (from 1.2% in November). Changes in apartment prices in the other main cities remained negative and were 1.7% in Kaunas, 2.0% in Klaipėda, 4.4% in Šiauliai, and 1.8% in Panevėžys.
