Optimism continues to support housing price growth
The August 2026 value of the „Ober-Haus“ Lithuanian Apartment Price Index (OHBI), which tracks apartment price changes in the five largest cities in Lithuania (Vilnius, Kaunas, Klaipėda, Šiauliai and Panevėžys), increased by 1.8%. Over the past 12 months, the overall apartment price level in Lithuania’s major cities rose by 13.7% (in July 2026, annual growth stood at 12.9%).
In August 2026, apartment sale prices in Vilnius, Kaunas, Klaipėda, Šiauliai and Panevėžys increased by 1.6%, 2.1%, 2.3%, 1.0% and 1.3%, respectively. The average price per square metre reached €3,170 (+€50/m²), €2,300 (+€47/m²), €2,080 (+€48/m²), €1,429 (+€14/m²) and €1,393 (+€18/m²), respectively.
Over the year (August 2026 compared with August 2025), apartment prices increased in all major cities across Lithuania: by 12.7% in Vilnius, 16.4% in Kaunas, 12.9% in Klaipėda, 15.8% in Šiauliai and 14.6% in Panevėžys.
“Despite considerable expectations regarding the impact of the second-pillar pension reform and changes to the Responsible Lending Regulations on the Lithuanian housing market, we have not observed a significant surge in market activity recently. According to data from the State Enterprise Centre of Registers, 2.5% more apartments and houses were purchased in Lithuania this August than in the same month last year, but 4.7% fewer than in the previous month.
The 2026 figures show that the Lithuanian housing market remains active, while the increase in interbank interest rates this year has not dampened the expectations of either home buyers or sellers. For example, in recent months, the pace of apartment price growth in Lithuania’s major cities has actually accelerated slightly, although there were already signs of price stabilisation in the middle of this year.
At present, only a more rapid increase in interest rates, which could dampen overall market activity, could reduce market participants’ expectations and slow the pace of housing price growth. For now, however, positive housing market indicators continue to support the prevailing optimism in the market and further price growth,” says Raimondas Reginis, Head of Market Research for the Baltic States at „Ober-Haus“.
Latest news
All news
Optimism continues to support housing price growth
The August 2026 value of the „Ober-Haus“ Lithuanian Apartment Price Index (OHBI), which tracks apartment price changes in the five largest cities in Lithuania (Vilnius, Kaunas, Klaipėda, Šiauliai and Panevėžys), increased by 1.8%. Over the past 12 months, the overall apartment price level in Lithuania’s major cities rose by 13.7% (in July 2026, annual growth stood at 12.9%). In August 2026, apartment sale prices in Vilnius, Kaunas, Klaipėda, Šiauliai and Panevėžys increased by 1.6%, 2.1%, 2.3%, 1.0% and 1.3%, respectively. The average price per square metre reached €3,170 (+€50/m²), €2,300 (+€47/m²), €2,080 (+€48/m²), €1,429 (+€14/m²) and €1,393 (+€18/m²), respectively. Over the year (August 2026 compared with August 2025), apartment prices increased in all major cities across Lithuania: by 12.7% in Vilnius, 16.4% in Kaunas, 12.9% in Klaipėda, 15.8% in Šiauliai and 14.6% in Panevėžys. “Despite considerable expectations regarding the impact of the second-pillar pension reform and changes to the Responsible Lending Regulations on the Lithuanian housing market, we have not observed a significant surge in market activity recently. According to data from the State Enterprise Centre of Registers, 2.5% more apartments and houses were purchased in Lithuania this August than in the same month last year, but 4.7% fewer than…
New residential development “Keturlapio skveras” completed in Didieji Gulbinai
A new residential development, “Keturlapio skveras”, has been completed in Didieji Gulbinai, Vilnius, next to Verkiai Regional Park and Lake Gulbinas. The project, located on Sėkmės Street, comprises 24 A++ energy-class semi-detached homes, with sales progressing actively. The development features four- and five-bedroom, one- and two-storey homes ranging from 130 to 170 sq. m, set on plots of 6 to 9 ares. The homes are being sold with partial finishes, completed terraces and fully landscaped surroundings. “Keturlapio skveras” has been designed as a cohesive, gated residential development. The site will be fenced, with controlled access, street lighting and a video surveillance system. The internal road ends in a cul-de-sac, ensuring that there is no through traffic within the development. Residents will also have access to an 18-are recreational park featuring illuminated pathways, a children’s playground and a landscaped leisure area. “This project is aimed at buyers looking for a premium home who value a thoughtfully planned environment, proximity to nature and a strong sense of community. Here, it is not just about the house and its plot – the project also creates the infrastructure of the entire development and a shared recreational space. Particular attention has been paid to the…
New residential development “Santariškių ŠILAS” under construction in Santariškės
A new residential development, “Santariškių ŠILAS”, is under construction in Santariškės, Vilnius, next to Verkiai Regional Park. Two three-storey buildings are being developed at 60 Santariškių Street, with just 36 apartments in total. The project is surrounded by forest on three sides, making one of its key features the private and peaceful setting close to nature. “Santariškių ŠILAS” will offer two- and three-room apartments ranging from 37 to 75 sq. m. Each apartment will have either a balcony or terrace, while floor-to-ceiling windows will offer views of the surrounding greenery. The project is aimed at buyers looking for a small, close-knit residential community and a peaceful lifestyle close to nature, while still wanting convenient access to the city’s infrastructure and transport links. “When choosing a new home, buyers are increasingly looking beyond the neighbourhood and the size of the property to consider the immediate surroundings of the building. The defining feature of this project is very clear – two small buildings, just 36 apartments and a forest right outside the windows. Finding this combination of privacy, nature and urban convenience in Vilnius is not easy,” says Marius Čiulada, Head of Sales for the project. A small community with solutions designed…
All news