Uudiste arhiiv

 

Borrowers are afraid of losing their job, but insurance for health risks is the most common

03.07.2014

According to a survey conducted by SEB, most clients who have taken a home loan are afraid of unemployment (69% of the respondents), an increase in loan interest (50%) or a decline in health (42%). Of the participants, 66% have…

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SEB: Proportion of home loans with long-term arrears return to pre-crisis levels

28.04.2014

According to an international survey conducted in 2013, as much as 74 per cent of Latvian families experienced some negative impact – job loss or decreased income – from the economic crisis. In Estonia, the proportion of such families was…

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After the crisis years, clients’ choices of new homes are considered and based on long-term prospects

22.04.2014

Held under the leadership of SEB last week, a meeting of real estate buyers and sellers confirmed that someone buying a new home today must both carefully consider their family’s actual needs and compare real estate offers that meet those…

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SEB analysis: a resident of Tallinn on an average income can only buy a standard apartment 8.1 square metres smaller than a resident of Riga

17.03.2014

According to the SEB housing purchasing power index, in the last quarter of 2013 the accessibility of housing improved in both Vilnius and Riga but declined in Tallinn. In the last quarter of 2013, a resident of Riga on an…

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Statistics: The number of permits of use of dwellings increased 13% within a year

13.12.2013
Kinnisvaraanalüütik Tõnu Toompark, Adaur Grupp OÜ / Kinnisvarakool OÜ

According to Statistics Estonia, in the 3rd quarter of 2013 436 dwellings with total floor area of 48 400 m2 were completed, i.e. were granted the permit of use. Compared to the same time of previous year, the number of…

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Statistics: Housing expenses have increased 8% within a year

05.12.2013
Kinnisvaraanalüütik Tõnu Toompark, Adaur Grupp OÜ / Kinnisvarakool OÜ

According to Statistics Estonia the consumer price index of October is 1,5% higher than that one year ago. At the same time housing expenses have increased as much as 8% in one year. By today, in comparison with the year…

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Statistics: The turnover of transactions in real estate is 2,5 times less compared to the peak

26.11.2013
Kinnisvaraanalüütik Tõnu Toompark, Adaur Grupp OÜ / Kinnisvarakool OÜ

According to Statistics Estonia, in the 3rd quarter of 2013 11 093 transactions in real estate were made with total value of 561 million euros. Within a year the number of transactions in real estate increased 15 and the value…

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Statistics: Residential development loan balance down by 17% in a year

18.11.2013
Kinnisvaraanalüütik Tõnu Toompark, Adaur Grupp OÜ / Kinnisvarakool OÜ

According to the Bank of Estonia, the balance of loans granted for investment properties and development in Q3 2013 was €1.7 billion. This is 4.6% less than in the previous year. The loan balance of retail property financing has decreased…

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Economic Growth In Estonia Continues, But Slows In Q2 2012

13.08.2012

According to a recent report on the Statistics Estonia site, economic growth in Estonia grew by two per cent y-o-y to Q2 2012. However, GDP only grew by 0.4 per cent, when seasonal and work-day factors are taken into account, between…

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Real Estate Prices In Estonia See Fall In July 2012

07.08.2012

According to a recent article in the Estonian Press Digest from News2Biz, July 2012 saw something of a fall in real estate prices in Estonia as a whole, but at the same time real purchasing power (in Tallinn) for those…

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Statistics: Real Estate Investment In Estonia Increases 24 Per Cent Y-o-Y

03.08.2012

According to a report by Tõnu Toompark on his adaur blog, investment in real estate in Estonia has increased by 24 per cent y-o-y to the first quarter of 2012. Citing figures from the Estonian Statistics office, investments from  Estonian companies…

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Apartments For Rent In Tallinn Increase Y-o-Y Slightly In Number, Greater By Rent Price

02.08.2012

There has been a y-o-y increase in rental prices in Tallinn of 18 per cent, to July 2012, according to Tõnu Toompark on his adaur blog. This undoubtedly is connected with the short supply of rental properties in Tallinn at the…

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Redevelopment Of Train Station Area In Tallinn, Estonia Up For Tender

01.08.2012

As recently reported on this blog, one of the up and coming areas of Tallinn is the area surrounding the train station, merging into the Kalamaja and Pelgulinn neighbourhoods. Our faith in this seems to be bearing fruit; according to a…

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Retail Sales In Estonia Continuing To Grow

31.07.2012

More hopeful signs of economic recovery in Estonia comes with a recent report on the Statistics Estonia site which states that retail sales in Estonia increased by seven per cent y-o-y to June 2012. Furthermore this trend has been continuing since March 2012; every…

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Estonia’s Credit Rating Affirmed At A1 By Moody’s

30.07.2012

Bond credit raters Moody’s Investor Services have affirmed Estonia’s A1 government bond rating and stable outlook. As reported on this blog, Fitch had already upped Estonia’s rating to A+, so this is more good news. The rating was based on factors including the…

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