Category: Real estate market

In July, the expected market slowdown following the tax increase did not materialise. Instead, for the first time this year, the number of transactions exceeded the 1 000 mark. According to Sten Renar Subatšjus, Head of the Analysis Department at Uus Maa Real Estate, the economic situation in Estonia and current political decisions do not …

In June, the number of new apartment sales was 90% higher than the same time last year. However, compared to May, transaction volumes remained stable, and unlike at the end of 2023, no pre-VAT increase driven buying spree materialized. According to Sten Renar Subatšjus, Head of Research at Uus Maa Real Estate, the number of …

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 …