The year that ended was turbulent in the real estate market. Various bold predictions were made considering the recess in April some of which came true (growing interest in real estate located in low density area, failure of short-term lease market) and some of which did not come true (a large price drop in the …
Tag: Real Estate
Estonian Real Estate Review, October 2020
October in the real estate market was a mirror image of September. The same tendencies continued as in September – the negative impacts of the economy mostly in the form of increased unemployment have not reached the real estate market yet, whereas the high transaction activity of buyers is a sign of much lower concern …
Estonian Real Estate Market review, August 2020
In the real estate market, August continued to carry the spirit of July – the epidemic of coronavirus started to fade from the minds of people or they simply stopped paying much attention to it. Transaction activity increased and the people who were waiting for a larger price drop went through a disappointing month. However, …
Estonian Real Estate Market review, July 2020
Recovery of the real estate market that started immediately after the restrictions were eased in May and June continued as the next logical step also in July. In July, 1784 apartment transactions were concluded in all Estonia, which was 290 (i.e. nearly one fifth) more than in June. There is still some distance to cover …
Estonian Real Estate Market review, January 2020
Traditionally, January is one of the least active months in the real estate market – in 2017, the number of apartment transactions in January was third from last, in 2018 second from last and in 2019 the very last. January is mostly associated with lower spending – greatly due to the last quarter of the …
Estonian Real Estate Market review November 2019
November was again a very active month in the apartment market, for the fourth month over 2000 transactions were concluded. Apartment market in Estonia In comparison to last November, 104 transactions more were concluded, and the growth in the number of transactions, which has been extensive, has brought along a rather considerable growth in the …
Estonian Real Estate Market review September 2019
2096 sales-purchase transactions of apartment ownerships were concluded in September. Even though according to common logic September seems to be a rather quieter month, as it is associated with the end of summer holidays and the beginning of school, the reality is far more pragmatic and transactions previously agreed are carried out regardless of new …
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 …