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Latvia · Housing

Prices, rents, affordability, mortgages and construction.

12 indicators · 8 with data

Prices

Real house prices

index (2015 = 100)

14th of 55 · 14th in Europe & C. Asia
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Real house pricesLatvia's real house prices rose from 124.6 in 2018 to 147.6 in 2026.20182020202220242026120130140150147.6

Latvia's real house prices rose from 124.6 in 2018 to 147.6 in 2026.

Nominal house price index

index (2015 = 100)

14th of 55 · 13th in Europe & C. Asia
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Nominal house price indexLatvia's nominal house price index rose from 132.9 in 2018 to 225.8 in 2026.20182020202220242026120140160180200220240225.8

Latvia's nominal house price index rose from 132.9 in 2018 to 225.8 in 2026.

Real house price growth (year on year)

annual %

8th of 55 · 8th in Europe & C. Asia
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Real house price growth (year on year)Latvia's real house price growth (year on year) fell from 7.9 % in 2018 to 7.8 % in 2026.20182020202220242026-15%-10%-5%0%5%10%7.8 %

Latvia's real house price growth (year on year) fell from 7.9 % in 2018 to 7.8 % in 2026.

Rent price index

index (2015 = 100)

19th of 30 · 13th in Europe & C. Asia
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Rent price indexLatvia's rent price index rose from 106.8 in 2019 to 131.4 in 2026.2019202020212022202320242025202690100110120130140131.4

Latvia's rent price index rose from 106.8 in 2019 to 131.4 in 2026.

Affordability

House price-to-income ratio

index (2015 = 100)

15th of 29 · 15th in Europe & C. Asia
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House price-to-income ratioLatvia's house price-to-income ratio rose from 104.1 in 2018 to 112.0 in 2026.20182020202220242026100105110115120112.0

Latvia's house price-to-income ratio rose from 104.1 in 2018 to 112.0 in 2026.

House price-to-rent ratio

index (2015 = 100)

4th of 24 · 3rd in Europe & C. Asia
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House price-to-rent ratioLatvia's house price-to-rent ratio rose from 127.2 in 2018 to 171.5 in 2026.20182020202220242026120140160180171.5

Latvia's house price-to-rent ratio rose from 127.2 in 2018 to 171.5 in 2026.

Housing cost overburden rate

% of population

11th of 30 · 11th in Europe & C. Asia
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Housing cost overburden rateLatvia's housing cost overburden rate fell from 12.8 % in 2005 to 5.7 % in 2025.200520102015202020250%5%10%5.7 %

Latvia's housing cost overburden rate fell from 12.8 % in 2005 to 5.7 % in 2025.

Tenure

Homeownership rate

% of households

9th of 31 · 9th in Europe & C. Asia
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Homeownership rateLatvia's homeownership rate fell from 86.0 % in 2007 to 82.2 % in 2025.201020152020202578%80%82%84%86%88%82.2 %

Latvia's homeownership rate fell from 86.0 % in 2007 to 82.2 % in 2025.

›No data available (4)

These indicators exist in the registry but no source reports a value for Latvia.

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