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According to specialists from the Registry Center who analyze the data of registered real estate transactions, this market momentum has brought this year’s global result even closer to the figures set in 2019.
“The recovery of the real estate market, which began in the middle of the summer, continued in October; the transaction curves of individual categories of real estate continued to rise, reaching the highest point this year. In addition, the transaction result only for apartments, houses and land registered separately in October is, in general, the highest in recent years. However, it is likely that with the increasing number of COVID-19 cases in the country, the uncertainty in the market seen in the spring could return, which will undoubtedly adjust the volume of real estate transactions in the coming months, ”said Paulius Rudzkis, Acting Head of the Data Analysis and Solutions Department.
During the ten months of this year, the total number of real estate purchase and sale transactions registered in Lithuania amounted to 104.8 thousand. and it was 2 percent. lower than in January-October of last year (106.5 thousand). Only in October, 14.4 thousand were registered. Real estate transactions: up to 21 percent. more than in October 2019 and 13.5 percent. more than in September this year.
During January-October, 26.7 thousand were registered throughout the country. apartment sales – 10 percent. less than in the same period last year. Almost 3.7 thousand were registered in October alone. changes in apartment owners, or 14 percent. more than in October 2019 and 15 percent. more than in September this year.
Real estate transaction data from the Registry Center
“In October, apartment sales were the highest not only in the entire country, but also separately in five major cities in the country. However, this year’s overall result in the country’s largest municipalities is still behind. of the number of registered apartment sales in 2019. The smallest delay compared to last year’s results is observed in Vilnius and Kaunas; at that time, the turnover of the apartment market of Klaipėda, Šiauliai and Panevėžys is about a fifth more modest this year than last year, ”says P. Rudzkis, Data Analyst at the Center for Records.
About 9.4 thousand people registered in the capital in ten months this year. apartment sales, or 3 percent. Less than in January-October last year (9.8 thousand), the number of apartment transactions registered in Kaunas decreased by 7% during the year. up to 4 thousand, in Klaipeda – 20 percent. to 2,2 thousand, in Šiauliai – 19 percent. to 1.1 thousand, in Panevėžys – 25 percent. up to 780.
Real estate transaction data from the Registry Center
During this year, 10,4 thousand. individual residential home sales – 4 percent. more than in the same period last year. Almost 1.4 thousand were registered in October alone. residential sales – 20 percent. more than in October of last year and 5 percent. more than in September this year.
Real estate transaction data from the Registry Center
This year 51.8 thousand people were registered throughout the country. changes in the owners of the parcels – 1 percent. more than at the same time last year (51.1 thousand). Only in October 7.2 thousand were registered. trace transactions, even 24 percent. more than in October 2019 and 12.5 percent. more than in September this year.
Real estate transaction data from the Registry Center
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