Active December added an impressive final touch to another year of growth in the real estate market. 1942 transactions were made in December, which was more than average across the year, but the median price of the transactions increased to the highest level of all time – 1426 EUR/m2. Compared to November, the median price …
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Market review November 2017
Classics would describe the November market review as ‘All Quiet on the Western Front’. November did not have any surprises in store for the market, the aftermarket activity was good, and real right contracts for new developments were mostly concluded earlier. The median price was one of the highest of the year, although it was …
Market Review October 2017
Due to the favourable economic situation of the past several years, based on the transactions of October, no conclusions can be made in regard to any imminent price drop. During the observed period, by the number of transactions, October was inferior only to March and August of this year. As to the median price, however, …
Market Review September 2017
Market Review September 2017 At the end of September, it is possible to make the first conclusions about the real estate market this year, as three fourths of the year have passed – in other words, the biggest part is done. In comparison to year 2016, the number of transactions and the median price have …
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 …