Bloomberg News

Lithuanian Real Estate Demand Surges to Highest in Four Years

September 05, 2012

Lithuanian demand for residential property jumped to the highest level in more than four years, the country’s registry office said.

The office registered 2,191 deals of apartment sales in August, the highest since April 2008, it said today in an e- mailed statement from the capital, Vilnius. Deals on residential houses surged 9.8 percent from a year earlier in the eight months to August, it said.

To contact the reporter on this story: Milda Seputyte in Vilnius at mseputyte@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


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