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 …

Market review October 2018

If people in Tallinn are looking for signs of rise or fall in the market, completely different sentiments can be observed in Tartu real estate market. When summing up the October transactions, for Tallinn it can be said that the real estate market turned back to its normal status. The low tides lasting for several …

Market review September 2018

Tallinn Even though the market of new developments has remained active in Tallinn and there have been no big leaps in the speed of stock absorption, an increasing uncertainty can be sensed among the developers, extending the presale period of developments. The developers want to make sure that there is a sufficient number of potential …

Market review August 2018

Even though the number of transactions in August was only higher than that of July, the real estate market in Tallinn has still been active, which is confirmed by the fact that in the first eight months of the year, 127 transactions more have been concluded in Tallinn in comparison to the same period last …

Market review July 2018

An extraordinarily warm and dry July that was a vacation period for many people brought along a decrease in the number of transactions in comparison to the two previous months. About 200 transactions less than in May or June were concluded in July. However, in comparison to last July, the number of transactions increased by …