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 | |
| 2025 | -0.73% | 1.05% | 4.78% | 1.24% |
| 2024 | 1.87% | 0.48% | 3.59% | -1.26% |
| 2023 | -1.34% | 3.46% | -0.76% | -1.68% |
| 2022 | -0.30% | -3.00% | -4.52% | -3.15% |
| 2021 | 0.53% | 4.32% | 2.27% | 1.05% |
| 2020 | 0.40% | -1.91% | 3.44% | 0.97% |
| 2019 | 0.22% | 2.64% | 3.67% | -0.14% |
| 2018 | 4.66% | 1.54% | -1.08% | 2.68% |
| 2017 | 0.82% | 4.45% | 0.82% | -0.88% |
| 2016 | 1.06% | 4.53% | 0.90% | -0.39% |
| 2015 | 0.07% | 2.01% | 1.75% | 2.57% |
| 2014 | 1.68% | 0.74% | 4.42% | -11.21% |
| 2013 | 0.18% | 3.68% | 1.80% | 2.62% |
| 2012 | 0.19% | 0.28% | 3.14% | 0.78% |
| 2011 | 2.53% | -0.26% | 3.30% | -3.93% |
| 2010 | -7.81% | -0.90% | 2.45% | 2.34% |
| 2009 | -20.04% | -9.68% | 0.25% | -1.28% |
| 2008 | 1.71% | -5.47% | -7.78% | -17.21% |
| 2007 | 9.96% | 0.23% | 4.92% | -6.28% |
| 2006 | 8.34% | 9.06% | 7.01% |
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 | n.a. | 10.86% |
| 2025 | 6.41% | 10.51% |
| 2024 | 4.70% | 7.32% |
| 2023 | -0.40% | 0.81% |
| 2022 | -10.58% | 8.64% |
| 2021 | 8.39% | 16.12% |
| 2020 | 2.86% | 2.23% |
| 2019 | 6.49% | 8.86% |
| 2018 | 7.94% | 11.07% |
| 2017 | 5.23% | 7.91% |
| 2016 | 6.17% | 7.76% |
| 2015 | 6.53% | 6.58% |
| 2014 | -5.03% | -4.47% |
| 2013 | 8.51% | 8.20% |
| 2012 | 4.44% | 6.10% |
| 2011 | 1.50% | 5.76% |
| 2010 | -4.20% | -2.46% |
| 2009 | -28.53% | -29.30% |
| 2008 | -26.59% | -17.76% |
| 2007 | 8.37% | 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.
