{
  "id": "macro_economics/housing/lv_housing_market_activity_monthly",
  "generated_at": "2026-06-25T06:09:15.136880+00:00",
  "last_refresh": "2026-06-25",
  "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",
  "meta": {
    "indicator_name": "Latvia housing market activity",
    "indicator_description": "Monthly Latvia housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100.",
    "title": "Latvia housing market activity",
    "description": "Monthly Latvia housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100.",
    "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.",
    "visibility": "public",
    "updated_at": "2026-06-25T05:47:24.168212Z",
    "last_refresh": "2026-06-25",
    "table_id": "macro_economics/housing/lv_housing_market_activity_monthly",
    "topic": "Macroeconomics",
    "subtopic": "Housing",
    "geo": [
      "LV"
    ],
    "geo_included": [
      "LV"
    ],
    "page_slug": "latvia-housing-market-activity",
    "page_url": "/indicators/macroeconomics/housing/latvia-housing-market-activity/",
    "chart_type": "line",
    "series_type": "single",
    "frequency": "monthly",
    "units": "Index (2019 = 100)",
    "legend": false,
    "featured_topic": true,
    "featured_subtopic": true,
    "featured_rank_topic": 5,
    "featured_rank_subtopic": 5,
    "chart_title": "Latvia Housing Market Activity",
    "y_axis_label": "Index [2019=100]",
    "related_indicators": [
      {
        "title": "Latvia Furniture Retail Market Size",
        "url": "/indicators/retail/market-size/latvia-furniture-retail-turnover/",
        "label": "Retail"
      },
      {
        "title": "Latvia Furniture Consumer Market Size",
        "url": "/indicators/retail/market-size/latvia-furniture-consumer-market-size/",
        "label": "Market size"
      },
      {
        "title": "Estonia Housing Market Activity",
        "url": "/indicators/macroeconomics/housing/estonia-housing-market-activity/",
        "label": "Housing"
      }
    ],
    "taxonomy_path": [
      "macroeconomics",
      "housing",
      "market-activity"
    ],
    "taxonomy_labels": [
      "Macroeconomics",
      "Housing",
      "Market activity"
    ],
    "taxonomy_nodes": [
      {
        "id": "macroeconomics",
        "label": "Macroeconomics",
        "has_page": true,
        "sort_order": 30
      },
      {
        "id": "housing",
        "label": "Housing",
        "has_page": true,
        "sort_order": 20
      },
      {
        "id": "market-activity",
        "label": "Market activity",
        "has_page": false,
        "sort_order": 10
      }
    ],
    "taxonomy_page_path": [
      "macroeconomics",
      "housing"
    ],
    "taxonomy_page_labels": [
      "Macroeconomics",
      "Housing"
    ],
    "taxonomy_collection": "market-activity",
    "taxonomy_collection_label": "Market activity",
    "entity": {
      "type": "country",
      "geo": [
        "LV"
      ]
    },
    "methodology_url": "/about/methodology/housing-market-activity/",
    "methodology_label": "Housing Market Activity Methodology",
    "data_hash": "5f79e7b11eeab13487316a47618d88c1a6eb5ee5a8c4b885fe098e31e0b62eb6",
    "trend_summary": "In April 2026, the indicator reached 146 index points, compared with 73.2 index points in February 2015. The latest month changed by 4 index points from March 2026, while the full-period change was 72.8 index points. Across the available history, the range runs from 73.2 in February 2015 to 198.6 in May 2025. The latest observation sits between the period low and high, so it should be read against both the February 2015 trough and the May 2025 peak.",
    "trend_summary_generated_at": "2026-06-25T06:09:15.138071+00:00",
    "trend_summary_source": "fallback",
    "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."
    ],
    "key_findings_source": "housing_activity_rule",
    "chart_alt_text": "Line chart for Latvia Housing Market Activity in index points. The series runs from 2015-02-01 to 2026-04-01; the latest value is 146 index points. The peak is 198.6 index points in 2025-05-01."
  },
  "data": [
    {
      "date": "2015-02-01",
      "geo": "LV",
      "value": 73.21
    },
    {
      "date": "2015-03-01",
      "geo": "LV",
      "value": 77.03
    },
    {
      "date": "2015-04-01",
      "geo": "LV",
      "value": 77.1
    },
    {
      "date": "2015-06-01",
      "geo": "LV",
      "value": 77.8
    },
    {
      "date": "2015-08-01",
      "geo": "LV",
      "value": 75.11
    },
    {
      "date": "2015-09-01",
      "geo": "LV",
      "value": 78.96
    },
    {
      "date": "2015-10-01",
      "geo": "LV",
      "value": 87.33
    },
    {
      "date": "2015-11-01",
      "geo": "LV",
      "value": 86.58
    },
    {
      "date": "2015-12-01",
      "geo": "LV",
      "value": 85.14
    },
    {
      "date": "2016-01-01",
      "geo": "LV",
      "value": 83.32
    },
    {
      "date": "2016-03-01",
      "geo": "LV",
      "value": 86.93
    },
    {
      "date": "2016-04-01",
      "geo": "LV",
      "value": 85.27
    },
    {
      "date": "2016-05-01",
      "geo": "LV",
      "value": 90.71
    },
    {
      "date": "2016-06-01",
      "geo": "LV",
      "value": 91.59
    },
    {
      "date": "2016-07-01",
      "geo": "LV",
      "value": 96.14
    },
    {
      "date": "2016-08-01",
      "geo": "LV",
      "value": 98.22
    },
    {
      "date": "2016-09-01",
      "geo": "LV",
      "value": 99.03
    },
    {
      "date": "2016-10-01",
      "geo": "LV",
      "value": 106.55
    },
    {
      "date": "2016-11-01",
      "geo": "LV",
      "value": 106.95
    },
    {
      "date": "2016-12-01",
      "geo": "LV",
      "value": 108.98
    },
    {
      "date": "2017-01-01",
      "geo": "LV",
      "value": 108.77
    },
    {
      "date": "2017-02-01",
      "geo": "LV",
      "value": 106.74
    },
    {
      "date": "2017-03-01",
      "geo": "LV",
      "value": 107.14
    },
    {
      "date": "2017-04-01",
      "geo": "LV",
      "value": 106.31
    },
    {
      "date": "2017-05-01",
      "geo": "LV",
      "value": 111.84
    },
    {
      "date": "2017-06-01",
      "geo": "LV",
      "value": 114.5
    },
    {
      "date": "2017-07-01",
      "geo": "LV",
      "value": 118.0
    },
    {
      "date": "2017-08-01",
      "geo": "LV",
      "value": 115.01
    },
    {
      "date": "2017-09-01",
      "geo": "LV",
      "value": 111.82
    },
    {
      "date": "2017-10-01",
      "geo": "LV",
      "value": 116.97
    },
    {
      "date": "2017-11-01",
      "geo": "LV",
      "value": 114.54
    },
    {
      "date": "2017-12-01",
      "geo": "LV",
      "value": 110.85
    },
    {
      "date": "2018-01-01",
      "geo": "LV",
      "value": 109.85
    },
    {
      "date": "2018-02-01",
      "geo": "LV",
      "value": 105.95
    },
    {
      "date": "2018-03-01",
      "geo": "LV",
      "value": 104.4
    },
    {
      "date": "2018-04-01",
      "geo": "LV",
      "value": 105.28
    },
    {
      "date": "2018-05-01",
      "geo": "LV",
      "value": 109.48
    },
    {
      "date": "2018-08-01",
      "geo": "LV",
      "value": 111.89
    },
    {
      "date": "2018-09-01",
      "geo": "LV",
      "value": 108.5
    },
    {
      "date": "2018-10-01",
      "geo": "LV",
      "value": 107.98
    },
    {
      "date": "2018-11-01",
      "geo": "LV",
      "value": 105.96
    },
    {
      "date": "2019-03-01",
      "geo": "LV",
      "value": 104.11
    },
    {
      "date": "2019-04-01",
      "geo": "LV",
      "value": 104.0
    },
    {
      "date": "2019-06-01",
      "geo": "LV",
      "value": 102.65
    },
    {
      "date": "2019-07-01",
      "geo": "LV",
      "value": 94.42
    },
    {
      "date": "2019-08-01",
      "geo": "LV",
      "value": 93.74
    },
    {
      "date": "2019-11-01",
      "geo": "LV",
      "value": 101.69
    },
    {
      "date": "2019-12-01",
      "geo": "LV",
      "value": 99.39
    },
    {
      "date": "2020-01-01",
      "geo": "LV",
      "value": 100.39
    },
    {
      "date": "2020-02-01",
      "geo": "LV",
      "value": 98.3
    },
    {
      "date": "2020-03-01",
      "geo": "LV",
      "value": 119.0
    },
    {
      "date": "2020-04-01",
      "geo": "LV",
      "value": 121.31
    },
    {
      "date": "2020-05-01",
      "geo": "LV",
      "value": 122.02
    },
    {
      "date": "2020-06-01",
      "geo": "LV",
      "value": 103.47
    },
    {
      "date": "2020-07-01",
      "geo": "LV",
      "value": 102.74
    },
    {
      "date": "2020-08-01",
      "geo": "LV",
      "value": 104.49
    },
    {
      "date": "2020-09-01",
      "geo": "LV",
      "value": 107.16
    },
    {
      "date": "2020-10-01",
      "geo": "LV",
      "value": 108.68
    },
    {
      "date": "2020-11-01",
      "geo": "LV",
      "value": 110.78
    },
    {
      "date": "2020-12-01",
      "geo": "LV",
      "value": 110.87
    },
    {
      "date": "2021-01-01",
      "geo": "LV",
      "value": 104.82
    },
    {
      "date": "2021-02-01",
      "geo": "LV",
      "value": 103.01
    },
    {
      "date": "2021-03-01",
      "geo": "LV",
      "value": 109.68
    },
    {
      "date": "2021-04-01",
      "geo": "LV",
      "value": 123.78
    },
    {
      "date": "2021-05-01",
      "geo": "LV",
      "value": 131.61
    },
    {
      "date": "2021-09-01",
      "geo": "LV",
      "value": 122.54
    },
    {
      "date": "2021-10-01",
      "geo": "LV",
      "value": 129.04
    },
    {
      "date": "2021-11-01",
      "geo": "LV",
      "value": 127.71
    },
    {
      "date": "2022-02-01",
      "geo": "LV",
      "value": 124.32
    },
    {
      "date": "2022-03-01",
      "geo": "LV",
      "value": 125.16
    },
    {
      "date": "2022-04-01",
      "geo": "LV",
      "value": 115.39
    },
    {
      "date": "2022-05-01",
      "geo": "LV",
      "value": 117.71
    },
    {
      "date": "2022-06-01",
      "geo": "LV",
      "value": 118.23
    },
    {
      "date": "2022-07-01",
      "geo": "LV",
      "value": 120.96
    },
    {
      "date": "2022-08-01",
      "geo": "LV",
      "value": 120.67
    },
    {
      "date": "2022-09-01",
      "geo": "LV",
      "value": 120.26
    },
    {
      "date": "2022-10-01",
      "geo": "LV",
      "value": 111.51
    },
    {
      "date": "2022-11-01",
      "geo": "LV",
      "value": 107.04
    },
    {
      "date": "2023-01-01",
      "geo": "LV",
      "value": 100.6
    },
    {
      "date": "2023-03-01",
      "geo": "LV",
      "value": 100.48
    },
    {
      "date": "2023-04-01",
      "geo": "LV",
      "value": 109.78
    },
    {
      "date": "2023-05-01",
      "geo": "LV",
      "value": 113.61
    },
    {
      "date": "2023-06-01",
      "geo": "LV",
      "value": 117.47
    },
    {
      "date": "2023-07-01",
      "geo": "LV",
      "value": 116.88
    },
    {
      "date": "2023-08-01",
      "geo": "LV",
      "value": 125.24
    },
    {
      "date": "2023-12-01",
      "geo": "LV",
      "value": 116.12
    },
    {
      "date": "2024-01-01",
      "geo": "LV",
      "value": 104.25
    },
    {
      "date": "2024-02-01",
      "geo": "LV",
      "value": 92.99
    },
    {
      "date": "2024-03-01",
      "geo": "LV",
      "value": 90.85
    },
    {
      "date": "2024-04-01",
      "geo": "LV",
      "value": 120.03
    },
    {
      "date": "2024-05-01",
      "geo": "LV",
      "value": 124.61
    },
    {
      "date": "2024-06-01",
      "geo": "LV",
      "value": 128.5
    },
    {
      "date": "2024-07-01",
      "geo": "LV",
      "value": 111.59
    },
    {
      "date": "2024-08-01",
      "geo": "LV",
      "value": 113.2
    },
    {
      "date": "2024-09-01",
      "geo": "LV",
      "value": 116.1
    },
    {
      "date": "2024-10-01",
      "geo": "LV",
      "value": 130.42
    },
    {
      "date": "2024-11-01",
      "geo": "LV",
      "value": 130.16
    },
    {
      "date": "2025-01-01",
      "geo": "LV",
      "value": 152.54
    },
    {
      "date": "2025-02-01",
      "geo": "LV",
      "value": 167.5
    },
    {
      "date": "2025-03-01",
      "geo": "LV",
      "value": 197.08
    },
    {
      "date": "2025-04-01",
      "geo": "LV",
      "value": 197.58
    },
    {
      "date": "2025-05-01",
      "geo": "LV",
      "value": 198.58
    },
    {
      "date": "2025-06-01",
      "geo": "LV",
      "value": 185.72
    },
    {
      "date": "2025-07-01",
      "geo": "LV",
      "value": 188.52
    },
    {
      "date": "2025-08-01",
      "geo": "LV",
      "value": 185.06
    },
    {
      "date": "2025-09-01",
      "geo": "LV",
      "value": 182.12
    },
    {
      "date": "2025-10-01",
      "geo": "LV",
      "value": 169.32
    },
    {
      "date": "2025-11-01",
      "geo": "LV",
      "value": 161.08
    },
    {
      "date": "2025-12-01",
      "geo": "LV",
      "value": 153.54
    },
    {
      "date": "2026-01-01",
      "geo": "LV",
      "value": 146.53
    },
    {
      "date": "2026-02-01",
      "geo": "LV",
      "value": 141.44
    },
    {
      "date": "2026-03-01",
      "geo": "LV",
      "value": 142.0
    },
    {
      "date": "2026-04-01",
      "geo": "LV",
      "value": 146.01
    }
  ]
}