According to Knight Frank’s global price index, property prices in Latvia’s capital city Riga has increased by 66.6% compare to last years figure of 61.7% in the previous year.
Knight Franks index shows that Poland’s average house price inflation was at 33%.
The top five in the index included Denmark, which had an increase of 22% on average house prices; Norway, whose property’s had an increase of 16.4% and Vilinus in Lithuania where house price inflation rose to 13.3%.
The head of residential research at Knight Frank, Liam Bailey said: "The next issue to consider is where next for prices? Too many people look to invest in the top growth location, (like Latvia) assuming that high growth will continue."
"It might be worth a more interesting and perhaps rewarding strategy to look at the bottom of the table and think which of these countries will see the next upturn."
 |
| Property Guides |
Buying property |
| Find Property in the UK |
| My estateagents | |||||
|
Riga top overseas property investment location
Tue, 27 Mar 2007
Recommended links
House Prices Hold Firm in JanuaryHouse Prices Rise Again in December
Olympics Benefiting East End House Prices
Nationwide Confirms February House Prices Remain Strong
Belfast property market looks up
| Bookmark: |  |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
| Estate Agents news |
|---|
| Empty Home Numbers Down in England - Wed, 05 Dec 2007 |
| Buying Supercedes Renting to the Tune of 5,000 GBP - Wed, 21 Nov 2007 |
| Surveyors begin to see house prices fall in England and Wales - Wed, 14 Nov 2007 |
| More News |
