During the quarter prices of dwellings increased by 3.2 %

Provisional data of the Central Statistical Bureau (CSB)* show that, compared to the 1st quarter of 2025, in the 2nd quarter of 2025 prices of dwellings rose by 3.2 %. Prices of new dwellings went up by 3.1 %, but prices of existing dwellings increased by 3.2 %.

Compared to the 2nd quarter of 2024, in the 2nd quarter of 2025 prices of dwellings went up by 6.7 %. Prices of new dwellings increased by 1.2 %, and average price level of existing dwellings rose by 8.3 %.

Compared to 2015, in the 2nd quarter of 2025 prices of dwellings were 110.2 % higher. Prices of new dwellings increased by 116.9 %, but of existing dwellings – by 107.5 %.

Information on changes in dwelling prices in the 3rd quarter of 2025 will be published on 15 December 2025.

* Data of the 2nd quarter of 2025 are provisional. The final data will be published together with the provisional data for the 3rd quarter of 2025 on 15 December.

Methodological information

The house price index (HPI) is a quarterly indicator that measures the changes in the dwellings transaction prices that households acquire on the market. The house price index is a quality-adjusted index, i.e. it reflects pure price changes, excluding structural and qualitative differences in dwellings composition between periods.

The HPI covers all purchases of dwellings between households on the one part, and legal entities, municipalities, and government on the other part, as well as between two or more households, regardless of the purpose for which the property is acquired and type of its subsequent use.

Compilation methodology of the house price index is available in the Official statistics portal section Reference metadata.

Media requests:
Public Relations Section
E-mail: media@csp.gov.lv
Phone: +371 27880666

More information on the data:
Nataļja Dubkova
Consumer Price Indices Section
E-mail: Natalja.Dubkova@csp.gov.lv
Phone: +371 67366644