Regardless of the second wave of COVID-19 and new restrictions, we have learned considerably in comparison to the spring wave – the government is trying to preserve economic activity as much as possible, which leads to milder restrictions, and the behavior of people is also much less precautionary. Estonia Increased economic activity and consumer confidence …
October in the real estate market was a mirror image of September. The same tendencies continued as in September – the negative impacts of the economy mostly in the form of increased unemployment have not reached the real estate market yet, whereas the high transaction activity of buyers is a sign of much lower concern …
The real estate market was again very active in September regardless of the second wave of coronavirus and the potential increase in registered unemployment in autumn. Consumers are also haunted by reduced savings and declined consumer confidence, thus it cannot be stated that the crisis has been overcome. Estonian Real Estate market The low point …
In the real estate market, August continued to carry the spirit of July – the epidemic of coronavirus started to fade from the minds of people or they simply stopped paying much attention to it. Transaction activity increased and the people who were waiting for a larger price drop went through a disappointing month. However, …
Recovery of the real estate market that started immediately after the restrictions were eased in May and June continued as the next logical step also in July. In July, 1784 apartment transactions were concluded in all Estonia, which was 290 (i.e. nearly one fifth) more than in June. There is still some distance to cover …
Regardless of the fact that there were holidays in the middle of a business week and in spite of the heat wave across Estonia, the number of real estate transactions continued to increase in June. According to the Land Board, 11% more apartment transactions were concluded in comparison to May. Thus, the number of transactions …
The end of the emergency situation and lifting of many restrictions brought along a rise in the real estate market in May, as predicted and anticipated. According to the initial information, the rise was not as fast as predicted but this time we are even happy for small victories, as the scars of the emergency …
