August Market Overview – The Real Estate Market’s Slow Recovery Begins

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 …

July Market Overview – Increased activity, but no change in overall outlook

The market did recover in July after a sluggish June. However, given that the economy has been in decline for ten consecutive quarters and confidence in the economic environment remains low, it is difficult to foresee a swift improvement. The situation is further exacerbated by the new government’s coalition agreement, which includes tax increases that …

May Market Overview – Uncertainty Constrains Real Estate Market

The events of the past month did not bring positive sentiment to the Estonian real estate market: the economy has been in decline for nine consecutive quarters, there is still significant uncertainty regarding the economic environment, and the preference for parking money in fixed deposits has slowed the faster recovery of the real estate market. …

April Market Overview – Real Estate Market Recovery is a Reality

April confirmed that the market recovery is a reality, although it’s premature to talk about significant shifts in a low consumer confidence environment. Preliminary data indicates that a total of 1690 apartment transactions were concluded across Estonia. This marked the best result of the year and surpassed last year’s April performance. Based on the first …

March Market Overview – March didn’t bring a market turning point

The real estate market in March remained low in terms of activity, confirming the stability observed over the past year, reminiscent of the levels seen in 2016. Transaction prices also remain stable – on one hand, a responsible lending environment and resilient labour statistics prevent prices from dropping, while on the other hand, economic downturns …

February Market Overview – Increase in Listings Leads to Price Adjustment

The real estate market continued with a 20-30% lower activity compared to the recent peak in February. As we don’t foresee significant growth in transaction volume this year and the number of listings is on the rise in both the sales and rental markets, we can expect to continue seeing a need for sellers to …

The best time to purchase real estate comes before the decline of Euribor

According to Igor Habal, the leading analyst and board member of Estonia’s largest real estate agency Uus Maa, the most favorable time to buy real estate is likely in the first half of this year, at the peak of low consumer confidence, before the first significant drop in the Euribor rate. Igor Habal states that …