In 2018, the activity of the Lithuanian real estate market (RE) was at its peak for the third year in a row. The number of unsold apartments has been increasing in the new housing segment, however the liquidity rate remains sufficiently good – housing available in the country's major cities can be sold within 17-24 months. Favorable economic environment, growing revenues of companies in the services sector, and active development of international and local enterprises determine the fact that, over the past several years, the office segment was particularly active and liquid, and demand for modern offices was particularly high. While the market remains at the peak of its activity, developers are turning towards the logistics and RE sales sectors where significant development is also planned.
2018-2019 LITHUANIAN ECONOMY AND REAL ESTATE MARKET REPORT (PDF)