Uudiste arhiiv

 

Statistics: Estonian Economy Only 16 Per Cent Below Boom Years Peak

25.03.2011

After two years of deep recession, further evidence of a return to the earlier days of economic growth, when using GDP per capita as an indicator, has been provided by Tõnu Toompark’s real estate blog. Tõnu writes that the downturn…

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Tallinn Property Price Index Unchanged

15.03.2011

As recently posted on this blog, there was a recent blip upwards  in the otherwise generally stagnant level of property prices in Tallinn, at least according to real estate portal kv.ee‘s index of prices. It seems that things have reverted…

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Statistics: Number of non-residential construction permits decreases

08.03.2011
Number of non-residential spaces granted construction permits (left axis) and useful area, m2 (right axis)

According to the Statistics Estonia, a total of 2449 non-residential spaces have received construction permits in Estonia in 2010. Compared to the previous year, the number of construction permits decreased by 11%. Year-on-year, this is the fourth consecutive drop, following…

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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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Realtors Stand Up to Mass Replacement of Old Apartment Blocks

14.10.2010

The Association of Real Estate Firms disagrees that there is a massive need for new apartment buildings to replace the Soviet-era blocks, the life-span of which is said to come to an end in 20 years. The statement was made…

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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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