Over the year prices of dwellings increased by 8.4 %

Provisional data of the Central Statistical Bureau (CSB)* show that, compared to Q3 2024, in Q3 2025 prices of dwellings rose by 8.4 %. Prices of new dwellings increased by 3.8 %, but average price level of existing dwellings rose by 9.4 %.

Compared to Q2 2025, in Q3 2025 prices of dwellings went up by 5.2 %. Prices of new dwellings increased by 3.3 %, but prices of existing dwellings – by 5.6 %.

Compared to 2015, in Q3 2025 prices of dwellings were 120.7 % higher. Prices of new dwellings increased by 123.9 %, but of existing dwellings – by 118.5 %.

Information on changes in dwelling prices in Q4 2025 will be published on 13 March 2026.

* Data of Q3 2025 are provisional. The final data will be published together with the provisional data for Q4 2025 on 13 March 2026.

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