Uudiste arhiiv

 

Statistics Office – No Recovery In Estonian Construction in 2010

01.03.2011

As noted in an earlier post, the third quarter of 2010 showed no signs of recovery in the construction sector, at least if figures released by the Estonian statistical office are anything to go by. According to data released by…

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Tallinn Property Price Rise – Temporary But Advantageous?

01.03.2011

According to real estate portal kv.ee, residential offer prices in Estonia, following a plateau where prices remained static, have seen a sudden increase, as reported on Tõnu Toompark’s blog. Kv.ee‘s own index of real estate prices shows a level of…

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Tallinn Property Price Rise – Temporary But Advantageous?

01.03.2011

According to real estate portal kv.ee, residential offer prices in Estonia, following a plateau where prices remained static, have seen a sudden increase, as reported on Tõnu Toompark’s blog. Kv.ee‘s own index of real estate prices shows a level of…

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New real estate bubble on the horizon

28.02.2011

Real estate experts say that a new construction boom is about to start in Tallinn and will soon create an oversupply in apartments. In Tallinn alone, about 14,000 new apartments are either already being built or have been approved in…

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Saaremaa Real Estate Transactions Most Active In 2010

03.02.2011

Here at Tallinn Property we tend to focus on the real estate market in the capital. After all that is where our name derives from! Nevertheless, just to show we don’t completely overlook the rest of the country, we are…

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2010 Saw A Total Of 41,608 Real Estate Deals In Estonia

27.01.2011

The land registry in Estonia  has reported that 2010 saw some 41 608 real estate deals for the whole of Estonia, according to Tõnu Toompark’s blog. This figure was apparently roughly divided equally between land sales and apartment ownership sales. Worth…

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2010 Saw A Total Of 41,608 Real Estate Deals In Estonia

27.01.2011

The land registry in Estonia has reported that 2010 saw some 41 608 real estate deals for the whole of Estonia, according to Tõnu Toompark’s blog. This figure was apparently roughly divided equally between land sales and apartment ownership sales.…

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No Signs That Euro Adoption In Estonia Has Led To Surge In Property Prices – Yet

21.01.2011

The recent adoption of the Euro in Estonia has not led to an immediate rise in residential real estate prices, according to Tõnu Toompark’s blog, adaur.ee (in Estonian). Citing real estate portal KV.ee’s own index for residential real estate prices,…

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No Signs Of An Increase In Real Estate Prices Arising From The Euro

21.01.2011

The recent adoption of the Euro in Estonia has not led to an immediate rise in residential real estate prices, according to Tõnu Toompark’s blog, adaur.ee (in Estonian). Citing real estate portal KV.ee’s own index for residential real estate prices,…

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Goodbye Kroon, Hello Euro – Practical Info On Estonia’s New Currency

20.01.2011

The introduction of the Euro to Estonia on 1 January took place quite smoothly and with no major mishaps. Cash machines were closed from midday on 31 December, 2010 until the stroke of the new year 12 hours later, which…

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Number of new dwellings grew by 11% in Estonia in Q1

07.05.2010

Real estate expert Tõnu Toompark noted in the real estate market overview on the first quarter of 2010 that during this period of time, 663 dwellings were granted permits of use, writes LETA/Postimees Online. This is by 11% more than…

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18 billion kroons worth of real estate changed hands

11.03.2010

The amount of real estate transactions totalled 18 billion kroons in 2009 which is about half of what it was in 2008 and four times less than what it was in 2006, says Tõnu Toompark who follows real estate statistics.…

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Real estate expert: foreclosed homes bought by speculators

18.01.2010

Estonian real estate expert Tõnu Toompark writes in Pealinn that homes sold by people who have developed financial problems are often acquired by speculators. According to Toompark, most houses and apartments foreclosed by banks for loan defaults are not sold…

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Real estate market 2009: common sense

21.12.2009

This year was a turning point on the Estonian real estate market. Those who survived 2009 on the real estate market got a very expensive lesson that highlighted the need for common sense, writes real estate analyst Tõnu Toompark. Negative…

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Estonians face a sharp increase in land tax

18.05.2009

The ruling coalition has no option, but to start re-valuation of land that could double or triple land tax, writes Äripäev. The only hope is that since the idea of re-value the land is supported only by Social Democrats, but…

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