Latvia Housing Market Activity
Last updated:
Source: ECB MIR monthly new housing loans adjusted with Eurostat total dwelling house price index, and Eurostat residential building permit data; mortgage series smoothed with a 3-month moving average before rebasing and weighting.
Source description: Monthly Latvia housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100.
Table ID: macro_economics/housing/lv_housing_market_activity_monthly
Key findings:
- Latvia housing activity is elevated versus its 2019 baseline, giving a very strong housing-linked demand signal.
- The indicator sits between its recent high and low, so the housing signal is mixed rather than extreme.
- Recent movement is weakening, which points to softer residential momentum.
Latest data:
| date | value |
|---|---|
| 2025-05-01 | 198.58 |
| 2025-06-01 | 185.72 |
| 2025-07-01 | 188.52 |
| 2025-08-01 | 185.06 |
| 2025-09-01 | 182.12 |
| 2025-10-01 | 169.32 |
| 2025-11-01 | 161.08 |
| 2025-12-01 | 153.54 |
| 2026-01-01 | 146.53 |
| 2026-02-01 | 141.44 |
| 2026-03-01 | 142 |
| 2026-04-01 | 146.01 |
Methodology: Housing Market Activity Methodology
Latvia Housing Market Activity gives furniture-market analysts a monthly view of the residential cycle behind home-furnishing demand. The index helps management teams follow whether housing finance and residential development are creating a more supportive backdrop for furniture, kitchens, mattresses, storage and renovation-related categories.
Market Context
Latvia's furniture market is closely tied to Riga's housing stock, household replacement cycles and the pace of residential investment outside the capital. Because Latvia is a small country, the monthly housing inputs can be more volatile than in larger EU markets; the page is best used to read broader direction, peaks and slowdowns rather than every month-to-month move.
Use this indicator beside Latvia furniture retail market size, consumer market size and local production indicators. It helps boards and analysts judge whether the residential backdrop is reinforcing or weakening demand, while keeping realised furniture spending and manufacturing signals separate.
