The sale of new apartments in Tallinn increased by more than 20%, the main reason of which is the VAT increase from July 1. In May, a total of 1836 apartment sales were concluded across Estonia – marking the highest monthly figure of the year so far. Alongside the increased transaction volume, the nationwide median …
Although April displayed its usual variety, the average temperature in Estonia was above normal, with a new monthly record set at 27.8°C. The blooming spring and falling EURIBOR rates led to increased real estate viewings, reflected in the rise in transaction volume. Preliminary data indicates that 1734 apartment transactions were completed in Estonia in April, …
Across Estonia, more transactions were concluded than in January or February, and compared to the same period last year, the number of transactions increased by 9.2%. At the same time, the median transaction price has shown strong signs of growth for three consecutive months. Warm spring weather brought a notable increase in buyer activity across …
The Tallinn market is a sentiment indicator for the Estonian real estate market; while some other major cities have seen setbacks, the capital’s market has been steadily climbing since the second half of last year. In Estonia, a total of 1510 apartment sales transactions were concluded in February, according to preliminary data. This marks the …
Transaction volumes are on the rise, prices are steadily increasing, and market confidence is gaining momentum. While economic challenges and policy changes continue to shape the landscape, buyer interest remains high across key cities, signaling a positive shift. The Estonian real estate market began 2024 with unexpected momentum. At the end of last year, we …
Statistically, all major indicators in the property market declined in 2024, including transaction volume, median price, and turnover. However, in the second half of the year, Tallinn and Tartu entered a recovery phase, with most other markets expected to follow suit this year. The pace of recovery is slowed by increases in income and value-added …
The number of transactions in October made the entire market surge, but November’s result – with preliminary data showing 1782 transactions (likely to exceed 1800 by the final count) – revealed, on one hand, that October’s statistics were exceptional and unsustainable in the near term. On the other hand, it confirmed that the decline in …
Despite the ongoing economic downturn and weak performance in key economic indicators such as the retail volume index and consumer confidence, Estonia’s real estate market continued its upward trend in October, which began in July. Over 1,950 apartment ownership transactions were completed last month, marking the best result of the year and the strongest performance …
While August brought confidence to the real estate market recovery that began in July, September confirmed the moderate optimism based on the number of transactions in previous months, indicating that the market downturn is behind us. In developed countries, the recovery has already translated into price growth, but in Estonia, we can still only talk …
In August, the market recovery continued, marked by the best transaction numbers of the year in several regions. In the coming months, the number of transactions will be a key indicator for predicting market behavior. Prices tend to react with a delay, so as transaction volumes increase, a price rise can also be expected. The …
