Latvia House Price Index / Quarterly (National)
House prices in Latvia, % change 1 yr
Nominal and inflation-adjusted ('real')
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2026 | -0.97% | |||
| 2025 | -1.27% | 1.83% | 4.73% | 1.51% |
| 2024 | 0.52% | 1.33% | 3.51% | -1.46% |
| 2023 | -2.01% | 4.79% | -0.85% | -1.62% |
| 2022 | -2.31% | -3.18% | -2.87% | -2.12% |
| 2021 | -0.30% | 4.65% | 1.85% | 1.22% |
| 2020 | -0.10% | -1.56% | 3.49% | 1.01% |
| 2019 | -0.72% | 3.00% | 4.00% | 0.09% |
| 2018 | 3.78% | 1.93% | -0.93% | 3.28% |
| 2017 | 0.65% | 5.06% | 0.75% | -0.77% |
| 2016 | 0.26% | 4.87% | 1.08% | -0.88% |
| 2015 | -1.15% | 2.62% | 2.04% | 2.66% |
| 2014 | 1.36% | 0.86% | 4.41% | -10.63% |
| 2013 | -0.03% | 3.80% | 2.09% | 2.60% |
| 2012 | -0.20% | 0.74% | 2.80% | 0.94% |
| 2011 | 2.18% | -0.11% | 3.54% | -3.78% |
| 2010 | -8.60% | -0.78% | 2.59% | 2.32% |
| 2009 | -20.84% | -8.60% | 0.14% | -1.29% |
| 2008 | 1.17% | -4.90% | -7.63% | -16.35% |
| 2007 | 9.34% | 0.56% | 4.25% | -5.72% |
| 2006 | 7.97% | 9.25% | 6.80% |
This table shows the change in house prices during a single quarter, adjusted for inflation.
Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.
Yearly change in house prices, nominal and inflation-adjusted
| Year | Inflation Adjusted | Nominal Change |
| 2026 | 7.19% | 10.86% |
| 2025 | 6.87% | 10.51% |
| 2024 | 3.90% | 7.32% |
| 2023 | 0.17% | 0.81% |
| 2022 | -10.07% | 8.64% |
| 2021 | 7.56% | 16.12% |
| 2020 | 2.81% | 2.23% |
| 2019 | 6.44% | 8.86% |
| 2018 | 8.25% | 11.07% |
| 2017 | 5.72% | 7.91% |
| 2016 | 5.35% | 7.76% |
| 2015 | 6.25% | 6.58% |
| 2014 | -4.61% | -4.47% |
| 2013 | 8.70% | 8.20% |
| 2012 | 4.33% | 6.10% |
| 2011 | 1.68% | 5.76% |
| 2010 | -4.81% | -2.46% |
| 2009 | -28.48% | -29.30% |
| 2008 | -25.67% | -17.76% |
| 2007 | 8.06% | 23.15% |
This table shows how house prices have changed over each year. It compares the latest quarter or month of a given year with the same period the year before, so you can quickly see whether prices went up or down over that year.
