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 …
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 …
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. …
