{"id":2697375,"date":"2025-07-29T11:19:51","date_gmt":"2025-07-29T08:19:51","guid":{"rendered":"https:\/\/uusmaa.ee\/?p=2697375"},"modified":"2025-07-29T11:20:28","modified_gmt":"2025-07-29T08:20:28","slug":"june-market-overview-no-pre-vat-increase-buying-rush-observed","status":"publish","type":"post","link":"https:\/\/uusmaa.ee\/en\/june-market-overview-no-pre-vat-increase-buying-rush-observed\/","title":{"rendered":"June Market Overview: No Pre-VAT Increase Buying Rush Observed"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

In June, the number of new apartment sales was 90% higher than the same time last year. However, compared to May, transaction volumes remained stable, and unlike at the end of 2023, no pre-VAT increase driven buying spree materialized.<\/strong>

According to Sten Renar Subat\u0161jus, Head of Research at Uus Maa Real Estate, the number of new development transactions remained above average in June \u2013 similarly to May \u2013 yet no significant surge occurred.<\/p>\n\n\n\n

\u201cOne might have expected that transaction growth in May and June was primarily driven by the upcoming VAT hike, particularly in the new development segment. However, a closer analysis of the data does not support this assumption. The structure of transactions over the past two months was quite similar. In May, the median price fell by 5% compared to April, but in June it rebounded by 7.5% compared to May. This indicates that the market is still in a recovery phase, showing month-to-month fluctuations that don\u2019t always follow a typical pattern,\u201d Subat\u0161jus explained.<\/p>\n\n\n\n

Estonian Apartment Market<\/h2>\n\n\n\n

In\u00a0Tallinn<\/strong>, 750 apartment transactions were concluded in June- an increase of 28% compared to June 2023, but a slight decline of 2.5% from May. Total transaction volume surged 38% year-over-year, marking the strongest result of 2025 so far. The median price for apartments in the capital also reached a new 18-month high, climbing to 2940 \u20ac per square metre.<\/p>\n\n\n\n

In\u00a0Tartu<\/strong>, 137 apartment transactions were registered in June, consistent with May\u2019s figures and 13% higher than the same month last year. However, the median price per square metre dropped to 2294 \u20ac \u2013 down over 3% from May and more than 7% lower than June 2023. \u201cThe month-to-month fluctuations in Tartu\u2019s apartment market are also characteristic of a market in recovery, where it\u2019s still too early to draw long-term conclusions,\u201d commented Subat\u0161jus.<\/p>\n\n\n\n

P\u00e4rnu<\/strong>\u00a0saw 59 apartment transactions in June \u2013 a 25% decrease from May, though on par with last year. Notably, the median price in P\u00e4rnu rose for the second consecutive month, reaching 2479 \u20ac per square metre. This marks a 21.5% increase year-over-year and a 4% rise from May. \u201cThe numbers show that faith in the summer capital remains strong during the warmer months,\u201d Subat\u0161jus remarked.<\/p>\n\n\n\n

In\u00a0Narva<\/strong>, the apartment market remained stable in June, with a preliminary count of 54 transactions \u2013 on par with May. For the first time in six months, the median price showed positive movement, increasing by 4.5% year-over-year and by 4% month-over-month to 472 \u20ac per square metre. \u201cWhether the market in Eastern Estonia is finally beginning to recover will become clearer in the second half of the year,\u201d concluded Subat\u0161jus.

Sten Renar Subat\u0161jus (Uus Maa Real Estate Analyst)<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In June, the number of new apartment sales was 90% higher than the same time last year. However, compared to May, transaction volumes remained stable, and unlike at the end of 2023, no pre-VAT increase driven buying spree materialized. According to Sten Renar Subat\u0161jus, Head of Research at Uus Maa Real Estate, the number of …<\/p>\n","protected":false},"author":20,"featured_media":2625151,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12050,12052,12055],"tags":[],"class_list":["post-2697375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-property-sales","category-real-estate-market"],"acf":[],"yoast_head":"\nJune Market Overview: No Pre-VAT Increase Buying Rush Observed – Uus Maa Kinnisvarabüroo<\/title>\n<meta name=\"description\" content=\"In June, the number of new apartment sales was 90% higher than the same time last year. However, compared to May, transaction volumes remained stable, and unlike at the end of 2023, no pre-VAT increase driven buying spree materialized.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uusmaa.ee\/en\/june-market-overview-no-pre-vat-increase-buying-rush-observed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"June Market Overview: No Pre-VAT Increase Buying Rush Observed – Uus Maa Kinnisvarabüroo\" \/>\n<meta property=\"og:description\" content=\"In June, the number of new apartment sales was 90% higher than the same time last year. However, compared to May, transaction volumes remained stable, and unlike at the end of 2023, no pre-VAT increase driven buying spree materialized.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uusmaa.ee\/en\/june-market-overview-no-pre-vat-increase-buying-rush-observed\/\" \/>\n<meta property=\"og:site_name\" content=\"Uus Maa Kinnisvarabüroo\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/uusmaakinnisvarabyroo\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-29T08:19:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-29T08:20:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uusmaa.ee\/wp-content\/uploads\/2025\/06\/WEB_Kroot_Tarkmeel_Photography-8479s.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"1334\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kelly Kalm\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kelly Kalm\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"June Market Overview: No Pre-VAT Increase Buying Rush Observed – Uus Maa Kinnisvarabüroo","description":"In June, the number of new apartment sales was 90% higher than the same time last year. However, compared to May, transaction volumes remained stable, and unlike at the end of 2023, no pre-VAT increase driven buying spree materialized.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uusmaa.ee\/en\/june-market-overview-no-pre-vat-increase-buying-rush-observed\/","og_locale":"en_US","og_type":"article","og_title":"June Market Overview: No Pre-VAT Increase Buying Rush Observed – Uus Maa Kinnisvarabüroo","og_description":"In June, the number of new apartment sales was 90% higher than the same time last year. However, compared to May, transaction volumes remained stable, and unlike at the end of 2023, no pre-VAT increase driven buying spree materialized.","og_url":"https:\/\/uusmaa.ee\/en\/june-market-overview-no-pre-vat-increase-buying-rush-observed\/","og_site_name":"Uus Maa Kinnisvarabüroo","article_publisher":"https:\/\/www.facebook.com\/uusmaakinnisvarabyroo","article_published_time":"2025-07-29T08:19:51+00:00","article_modified_time":"2025-07-29T08:20:28+00:00","og_image":[{"width":2000,"height":1334,"url":"https:\/\/uusmaa.ee\/wp-content\/uploads\/2025\/06\/WEB_Kroot_Tarkmeel_Photography-8479s.jpg","type":"image\/jpeg"}],"author":"Kelly Kalm","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Kelly Kalm","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/uusmaa.ee\/en\/june-market-overview-no-pre-vat-increase-buying-rush-observed\/#article","isPartOf":{"@id":"https:\/\/uusmaa.ee\/en\/june-market-overview-no-pre-vat-increase-buying-rush-observed\/"},"author":{"name":"Kelly Kalm","@id":"https:\/\/uusmaa.ee\/en\/#\/schema\/person\/192ae64557f30d880ac795be45773de0"},"headline":"June Market Overview: No Pre-VAT Increase Buying Rush Observed","datePublished":"2025-07-29T08:19:51+00:00","dateModified":"2025-07-29T08:20:28+00:00","mainEntityOfPage":{"@id":"https:\/\/uusmaa.ee\/en\/june-market-overview-no-pre-vat-increase-buying-rush-observed\/"},"wordCount":437,"publisher":{"@id":"https:\/\/uusmaa.ee\/en\/#organization"},"image":{"@id":"https:\/\/uusmaa.ee\/en\/june-market-overview-no-pre-vat-increase-buying-rush-observed\/#primaryimage"},"thumbnailUrl":"https:\/\/uusmaa.ee\/wp-content\/uploads\/2025\/06\/WEB_Kroot_Tarkmeel_Photography-8479s.jpg","articleSection":["News","Property sales","Real estate market"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/uusmaa.ee\/en\/june-market-overview-no-pre-vat-increase-buying-rush-observed\/","url":"https:\/\/uusmaa.ee\/en\/june-market-overview-no-pre-vat-increase-buying-rush-observed\/","name":"June Market Overview: No Pre-VAT Increase Buying Rush Observed – Uus Maa Kinnisvarabüroo","isPartOf":{"@id":"https:\/\/uusmaa.ee\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uusmaa.ee\/en\/june-market-overview-no-pre-vat-increase-buying-rush-observed\/#primaryimage"},"image":{"@id":"https:\/\/uusmaa.ee\/en\/june-market-overview-no-pre-vat-increase-buying-rush-observed\/#primaryimage"},"thumbnailUrl":"https:\/\/uusmaa.ee\/wp-content\/uploads\/2025\/06\/WEB_Kroot_Tarkmeel_Photography-8479s.jpg","datePublished":"2025-07-29T08:19:51+00:00","dateModified":"2025-07-29T08:20:28+00:00","description":"In June, the number of new apartment sales was 90% higher than the same time last year. However, compared to May, transaction volumes remained stable, and unlike at the end of 2023, no pre-VAT increase driven buying spree materialized.","breadcrumb":{"@id":"https:\/\/uusmaa.ee\/en\/june-market-overview-no-pre-vat-increase-buying-rush-observed\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uusmaa.ee\/en\/june-market-overview-no-pre-vat-increase-buying-rush-observed\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uusmaa.ee\/en\/june-market-overview-no-pre-vat-increase-buying-rush-observed\/#primaryimage","url":"https:\/\/uusmaa.ee\/wp-content\/uploads\/2025\/06\/WEB_Kroot_Tarkmeel_Photography-8479s.jpg","contentUrl":"https:\/\/uusmaa.ee\/wp-content\/uploads\/2025\/06\/WEB_Kroot_Tarkmeel_Photography-8479s.jpg","width":2000,"height":1334},{"@type":"BreadcrumbList","@id":"https:\/\/uusmaa.ee\/en\/june-market-overview-no-pre-vat-increase-buying-rush-observed\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Uus Maa kinnisvarab\u00fcroo","item":"https:\/\/uusmaa.ee\/en\/"},{"@type":"ListItem","position":2,"name":"June Market Overview: No Pre-VAT Increase Buying Rush Observed"}]},{"@type":"WebSite","@id":"https:\/\/uusmaa.ee\/en\/#website","url":"https:\/\/uusmaa.ee\/en\/","name":"Uus Maa Kinnisvarab\u00fcroo","description":"Turuliider Uus Maa Kinnisvarabüroo – 30 aastat rahulolevaid kliente","publisher":{"@id":"https:\/\/uusmaa.ee\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uusmaa.ee\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uusmaa.ee\/en\/#organization","name":"Uus Maa","url":"https:\/\/uusmaa.ee\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uusmaa.ee\/en\/#\/schema\/logo\/image\/","url":"https:\/\/uusmaa.ee\/wp-content\/uploads\/2024\/05\/UM_base_logo_color_215x33px.svg","contentUrl":"https:\/\/uusmaa.ee\/wp-content\/uploads\/2024\/05\/UM_base_logo_color_215x33px.svg","width":215,"height":33,"caption":"Uus Maa"},"image":{"@id":"https:\/\/uusmaa.ee\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/uusmaakinnisvarabyroo","https:\/\/www.linkedin.com\/company\/uus-maa-kinnisvarab-roo","https:\/\/www.youtube.com\/user\/uusmaa20"]},{"@type":"Person","@id":"https:\/\/uusmaa.ee\/en\/#\/schema\/person\/192ae64557f30d880ac795be45773de0","name":"Kelly Kalm","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/aa091c8e82238afef5b4633d45a593395059fdd56138c0f15344af17b18d591e?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/aa091c8e82238afef5b4633d45a593395059fdd56138c0f15344af17b18d591e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/aa091c8e82238afef5b4633d45a593395059fdd56138c0f15344af17b18d591e?s=96&d=mm&r=g","caption":"Kelly Kalm"},"url":"https:\/\/uusmaa.ee\/en\/author\/kelly\/"}]}},"_links":{"self":[{"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/posts\/2697375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/comments?post=2697375"}],"version-history":[{"count":2,"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/posts\/2697375\/revisions"}],"predecessor-version":[{"id":2697398,"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/posts\/2697375\/revisions\/2697398"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/media\/2625151"}],"wp:attachment":[{"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/media?parent=2697375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/categories?post=2697375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uusmaa.ee\/en\/wp-json\/wp\/v2\/tags?post=2697375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}