Housing cycles / LTU

Lithuania

Real residential property prices, BIS index, 1998 to 2025-Q4. The index is rebased to 2010 = 100 for Lithuania alone, so its level says nothing next to another country’s. Growth and drawdown are comparable across countries; the level is not.

+6.8%

Real prices, year on year

2025-Q4; nominal +10.8%

at peak

Off its own real peak

peak 2025-Q4

-42.8%

Deepest real drawdown

trough 2012-Q4, within the observed sample

1998

Index starts

109 quarters to 2025-Q4

Real house price index, annual

Annual means of the quarterly real index. A year is plotted only if all four of its quarters are present, so a partial year is dropped rather than averaged over whatever is present.

Source: BIS residential property prices (selected series) Latest real quarter 2025-Q4 = 185.0; highest observed real quarter 2025-Q4 = 185.0. Methodology

Banking crises

The annual real index has no complete year at one or both ends of the required window for this crisis, so it cannot be measured. It is listed anyway, with the missing year named.

Crisis	Run-up t-5 to t	Trough vs t	Years to trough
1995 to 1996	not measurable: no complete index year at 1990 (the annual index runs 1999 to 2025)

Source: BIS residential property prices (selected series) | Laeven and Valencia, Systemic Banking Crises Database (2025 update) 1 of the 1 crisis on record for Lithuania cannot be measured against this price index. It is listed above rather than dropped. Methodology

Limits of this page. The drawdown figures are conditional on the sample: Lithuania’s index begins in 1998, so a peak before then is invisible and the deepest drawdown is the deepest observedone. The crisis dating is Laeven-Valencia’s, not this repo’s. Nothing here is a causal claim. See the methodology for the full list.