Center of Registers: June did not bring the expected growth in the market of real estate transactions | Business

“At the end of spring, the fixed, albeit small, growth of the real estate transaction market, which is not often seen this year, gave hope that the growth trends will continue. However, the start of summer has once again tilted the market curve downward. On the other hand, it is not very surprising, since we have seen such trends all these years, and the rise in May was partly determined by a favorable comparative base due to the relatively modest results of May last year”, says Paulius Rudzkis, Data Analyst of the Register Center.

In the first half of this year, a total of 50.9 thousand were registered throughout Lithuania. real estate objects transferred through purchase and sale transactions – 9.6 percent. less than in January-June 2023, when 56.3 thousand were registered. Sales of real estate objects. In June alone, 9.6 thousand were registered. Changes of real estate owners – 9.4 percent. less than in June last year (10.6 thousand real estate objects) and 7.6 percent. less than in May of this year (10.4 thousand real estate objects).

This year, 13.7 thousand were registered throughout the country. apartment sales – 12 percent. less than in January-June 2023, when 15.6 thousand were registered. apartment transactions. In the month of June alone, 2.4 thousand changed owners. apartments – 15.4 percent. less than last June (2.8 thousand apartments) and 7 percent. less than in May of this year (2.6 thousand apartments).

4.5 thousand people were registered in Vilnius this year. of apartment sales, or 17.2 percent. less than in the first half of 2023, in Kaunas – 2 thousand. (9.5 percent less), in Klaipėda – 1.2 thousand. (17 percent less).

This year, 4.8 thousand were also registered in Lithuania. sales of individual residential houses – 5.8 percent. less than in January-June 2023, when 5.1 thousand were registered. home sales. Almost 1 thousand changed during the month of June alone. householders – 5.4 percent. less than last May (1 thousand houses) and 3 percent. less than in May of this year (almost 1 thousand houses).

During the first half of this year, 24.2 thousand were also registered throughout the country. changes in land plot owners – 10.4 percent. less than in January-June 2023, when 27 thousand were registered. land plot transactions. 4.8 thousand were registered only in June. land plot transactions, or 6 percent. less than last June (5.1 thousand land plots) and 6.3 percent. less than in May of this year (5.1 thousand land plots).