Estonian Real Estate Market Review, August 2019

Regardless of holiday waves and the warm August, the real estate market was operating at top speed. According to the final figures, 2,087 sales-purchase transactions of apartment ownerships were concluded in August, which was the second best result of this year. 15,173 transactions were concluded in the first eight months of this year, which was …

Market Review July 2019

If last year it was believed that the hot weather was the cause of a smaller number of transactions, this July proved the opposite. Regardless of vacations and one of the hottest months of the year, 1,927 sales-purchase transactions of apartment ownerships were concluded according to the Land Board, which was over a hundred more …

Market Review June 2019

In the 1st half-year of 2019, 11,131 sales-purchase transactions of apartment ownerships were concluded in Estonia. The number of transactions remained at more or less same level as in the three previous six-month periods. In comparison to the 1st half-year of last year, 158 transactions more were concluded. The median price of transactions is still …

Market Review April 2019

Estonia The figures of the 1st quarter of year 2019 show that the times in the real estate market are still good and even though the growth is slower than before, the setback that influenced the second half of last year seems to be behind us. In the first quarter, 5,257 sales-purchase transactions were concluded …

Market Review May 2019

After the surge in March and April, the first hot days of May brought along a larger leap in the transaction activity. The larger numbers were not based only on the Harju County but the increase was rather broad. 2,138 sales-purchase transactions of apartment ownerships were concluded in May, which was more than during any …

Market Review March 2019

Estonia The figures of the 1st quarter of year 2019 show that the times in the real estate market are still good and even though the growth is slower than before, the setback that influenced the second half of last year seems to be behind us. In the first quarter, 5,257 sales-purchase transactions were concluded …

Market Review February 2019

Various indicators like reduced feeling of security of consumers and a prognosis of a slower economic growth are signs of the very good times in the real estate market becoming just good times for real estate in Estonia. February continued at the pace similar to January, which again means that in comparison to the same …

Market Review January 2019

As customary for the beginning of the year, January was rather modest: according to the initial data, 1,605 sale/purchase transactions of apartment ownerships were concluded all over Estonia, which was slightly below 100 less than last January and over 70 less than in December. The drop in the number of transactions has been extensive, even …

Market review December 2018

In December 2018, cooling of the real estate market continued, even though during the whole year of 2018, more apartment and house transactions were concluded in Estonia than in the previous year. However, today the cooling mainly concerns the capital and is not characteristic of the whole country. Higher input expenses, shrinking profit margins and …

Market review November 2018

November reflected rather well the slightly worrisome situation that has developed due to the changes in the market but we can make more accurate conclusions within the next six months. It is true that on the one hand, the feeling of security of the consumers for purchasing or renovating their home has decreased, as has …