Category: Real estate market

The impacts of the war between Russia and Ukraine were still marginal in the real estate market in February, although after February 24th, the situation has drastically changed. As the situation is unpredictable, largely depending on the course of the war, various scenarios are possible. The market of developments shows that the rapid increase of …

For the real estate market, year 2022 began with an energy shock. That has not brought along a price drop but has increased the number of sales and lease offers. Due to the large volume of new developments, the asking price has rather increased, but the growth in the number of listings implies longer sales …

Year 2021 that ended up losing just to the very peak of the last boom came to conclusion with an active December. In December, for the third consecutive month, over 2,500 apartment transactions were concluded; due to increased volume of new developments, the median price achieved the best result of all time (1,915 €/m2). In …

The autumn real estate race that started in September did not lose any speed also in November. On the contrary, the higher-than-average share of new developments characteristic of year-end, still a low number of offers, strong demand and good loan conditions have kept the market active, as well as increased real estate prices. 2,692 apartment …

The high tide having started in September due to the influence of payments from the second pension pillar continued in October. 2,633 apartment transactions were concluded all over Estonia, which was the best result since October 2006. In spring when we spoke about a boom, the number of transactions remained around 2,300–2,400, while the number …

The impact of payments from the 2nd pension pillar could be seen on the market of apartment ownerships in September. The record of the past 10 years was broken in the apartment market with 2,498 transactions – the result exceeded the level of the spring, whereas in summer months the number of transactions remained around …

The real estate market was still active in August, but not as hot as in spring. 2,084 apartment transactions were concluded in August, which is the same level as in June and July, including additional transactions. The activity of the market is characterised by a very low number of offerings – the number of transactions …

Like in June, the number of transactions was influenced by the weather that was hotter than average, as well as the period of holidays – 2,015 apartment transactions were concluded during the month, which was slightly more than in June but several hundreds less than in some of the previous months. As the structure of …

In comparison to the previous three months with 2,300+ apartment ownership transactions, June with its heat wave, holidays and lifted restrictions was already less active. The number of transactions ultimately ended at 1,982 – in the short perspective this was a drop but in the long perspective the market still continues at the top of …