Alise Orlova

Latvian Radio

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Housing prices are indeed shrinking - but only on one end
Housing prices are indeed shrinking - but only on one end

Eurostat data show that in the 3rd quarter of 2015 housing prices in Latvia fell 7.6% compared to the same period in 2014, which is a record among EU member states. However, economists and market players say the figure can paint a misleading picture, reported Latvian Radio 4's Domskaya Ploschad' Wednesday.