Latvian house prices remain relatively affordable

In 2025, the EU's house price-to-income ratio was 6.8% higher than in 2015, meaning that house prices rose relative to household income over the decade. Behind this increase at EU level, national developments varied considerably, with thhe ratio rising in 17 EU countries and falling in the other 10.

The house price-to-income ratio compares changes in house prices with changes in per capita household income, relative to a base year. It increases when house prices rise faste...