Estonian Real Estate Review, December 2021

Year 2021 that ended up losing just to the very peak of the last boom came to conclusion with an active December. In December, for the third consecutive month, over 2,500 apartment transactions were concluded; due to increased volume of new developments, the median price achieved the best result of all time (1,915 €/m2). In …

Estonian Real Estate Review, November 2021

The autumn real estate race that started in September did not lose any speed also in November. On the contrary, the higher-than-average share of new developments characteristic of year-end, still a low number of offers, strong demand and good loan conditions have kept the market active, as well as increased real estate prices. 2,692 apartment …

Estonian Real Estate Review, October 2021

The high tide having started in September due to the influence of payments from the second pension pillar continued in October. 2,633 apartment transactions were concluded all over Estonia, which was the best result since October 2006. In spring when we spoke about a boom, the number of transactions remained around 2,300–2,400, while the number …

Estonian Real Estate Review, September 2021

The impact of payments from the 2nd pension pillar could be seen on the market of apartment ownerships in September. The record of the past 10 years was broken in the apartment market with 2,498 transactions – the result exceeded the level of the spring, whereas in summer months the number of transactions remained around …

Estonian Real Estate Review, August 2021

The real estate market was still active in August, but not as hot as in spring. 2,084 apartment transactions were concluded in August, which is the same level as in June and July, including additional transactions. The activity of the market is characterised by a very low number of offerings – the number of transactions …

Estonian Real Estate Review, July 2021

Like in June, the number of transactions was influenced by the weather that was hotter than average, as well as the period of holidays – 2,015 apartment transactions were concluded during the month, which was slightly more than in June but several hundreds less than in some of the previous months. As the structure of …

Estonian Real Estate Review, June 2021

In comparison to the previous three months with 2,300+ apartment ownership transactions, June with its heat wave, holidays and lifted restrictions was already less active. The number of transactions ultimately ended at 1,982 – in the short perspective this was a drop but in the long perspective the market still continues at the top of …

Estonian Real Estate Review, May 2021

The real estate was active also in May – some think it is a boom, others find that it is simply a situation where statistics are boosted by transactions postponed last year; whatever the opinion, it is a fact that we have not seen such high results since spring 2007. As the restrictions are lifted, …