EU 97.13
· European ranking
23 / 27
Down 1 positions compared with previous year
Latvia: Home Price Affordability
An editorial snapshot of country living conditions with trend, regional spread, and context links.
Latest value
· 2024
87.40 Index, long-term average = 100
EU 97.13 · -9.7 pp vs Europe
What this indicator measures
Measures the relationship between house prices and household income as a standardised index, with the long-term average set to 100. Values above 100 indicate that house prices are high relative to income compared with that long-term average.
Lower values generally represent a more favorable situation.
Data source: Eurostat House price to income ratio tipsho60
Explore this indicator
Internal regions
No regional breakdown available for this indicator.
More context on this indicator
At a glance
Latvia performs more favourably than the European benchmark on House price to income ratio, with a moderate gap. The trend context points to clearer recent change. The wider topic context is mixed, combining pressure signals and relative strengths.
European comparison in Latvia
In Latvia, Price to income is noticeably better than the European benchmark: 87.4 index points versus 97.1 index points in 2024, with a gap of 9.7 index points.
Recent trend
In Latvia, the medium-term pattern is broadly stable: the value moved from 88.17 in 2019 to 87.41 in 2024. Although the primary period is broadly stable, the latest step, from 90.88 in 2023 to 87.41 in 2024, shows material improvement and provides a clearer recent signal.
Reading within the topic
In Latvia, Housing & Energy Stress shows a mixed picture: pressure signals and relative strengths coexist across this indicator and its related indicators compared with Europe. Material recent changes among related indicators lean towards improvement.