The influence of national economic development on the real estate market of Latvia Cover Image

The influence of national economic development on the real estate market of Latvia
The influence of national economic development on the real estate market of Latvia

Author(s): Didzis Ādmīdiņš, Jānis Zvanītājs
Subject(s): Economy
Published by: Prague Development Center
Keywords: Real estate market; economic development; economy of Latvia

Summary/Abstract: This article reviews the real estate market development dynamics over the last decade in Latvia. The article describes the influence of various economic factors on the real estate market. These factors are gross domestic product, unemployment, crediting amount, retail sales turnover, and others. The article provides insight into the most critical development periods of economy and property market in Latvia and explains their regularities.

  • Issue Year: 3/2009
  • Issue No: 3
  • Page Range: 52-54
  • Page Count: 3
  • Language: English