Real estate market in Latvia in July-August grew by 27%

"Exactly one year ago, in September 2009, the Latvian market reached its lowest point in the crisis period – EUR 455/m2. In July-August 2010, the average cost per square meter of mass housing in Riga is already EUR 580/m2. I.e. for the year the market grew by 27%. Today it is the highest level in the world. However, nothing is eternal. Third quarter of 2010 demonstrated the new trend."