Uudiste arhiiv

 

Estonian Housing Offer Prices Holding Back Market Index

24.06.2011
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As recently posted on this blog, a sluggish real estate market in provincial Estonia is having a deleterious effect on the Estonian housing market as a whole, as reflected in the kv.ee index. According to Tõnu Toompark’s Adaur blog, neither…

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Statistics: The Ratio Of New To Existing Housing Stock

17.05.2011
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Estonian Statistics Office data for 2010 has demonstrated that some 2324 units consituted new living space, which in total represents an increase of some 0.36 per cent in the amount of housing stock. This translated to an increase in total…

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Bubbles And Bubble Remnants In The Estonian Real Estate Market

17.05.2011
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The time has come when talk of a rising real estate market is again on the agenda, and so it is perhaps fitting to have a little retrospective in order to understand what really happened in the Estonian real estate…

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Statistics: No Change In Loans Interest Rates

17.05.2011
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Euro-based home loans rates have remained unchanged in the range of 3.2 to 3.4 per cent, despite small rises in the Euribor index of European lending rates since 2009, according to Tõnu Toompark on his adaur.ee blog. The monthly rate…

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Colliers: 2011 Best Year For Estonian Commercial Real Estate

27.04.2011
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Compared with the first quarter of 2010, the number of commerical real estate deals in Estonia has fallen by 18 per cent. However, their size and value has actually increased. The monthly average transaction value has risen by 48 per…

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Estonian Construction Volume Still Falling

21.04.2011
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According to Estonian Statistics Office data, the index of construction volume for the fourth quarter of 2010 fell by 4.7 per cent compared with the same period a year ago, as reported on Tõnu Toompark’s Adaur blog. Aside from the…

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Tallinn Real Estate Market Report First Quarter 2011

20.04.2011
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Tallinn Property and Goodson & Red are pleased to announce that our latest Tallinn Property and Rental Market Quarterly Review is ready. Covering all developments in the first quarter of 2011, as always the review contains an in-depth look at the…

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Residential Real Estate Offers In Estonia Showing An Increase

19.04.2011
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Real estate portal KV.ee’s index of property prices in Estonia seems to be on a horizontal plane at the moment, according to Tõnu Toompark’s Adaur blog. The Index currently stands at 61.9 points, 1.7 per cent lower than this time…

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Euribor Increase To 1.25%: Effects On Estonian Property Market

10.04.2011
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The European Central Bank (ECB)’s decision to raise the Euribor index of lending rates to 1.25% on Thursday last (7th April) perhaps comes as no surprise, and it seems likely that further rises are due for the course of 2011.…

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Analysts: brace for higher interest rates

07.04.2011
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Estonians who have borrowed from banks will soon have to repay considerably more in interest since euribor rate is expected to grow rapidly in near future, writes Äripäev. Tõnu Palk, chief economist of Nordea Pank, said that the whole eurozone…

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Personal Bank Deposits In Estonia Seven Times Greater Than Loans

06.04.2011
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Deposits in Estonian banks have been steadily increasing, so writes Tõnu Toompark on his blog, adaur.ee. Estonian data for February shows a total value of bank deposits of just under 10.5 billion Euros, of which 5.9 billion is held in…

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Construction Insider: Tallinn Property Market Suffering From An Offers “Drought”

05.04.2011
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Astlanda OÜ board member Kajar Kruus has provided an interesting perspective on the current situation in the real estate market in Tallinn, the indicators and reasons behind its seeming upturn as well as shedding some light on the realities behind…

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

25.03.2011
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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
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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 Office – No Recovery In Estonian Construction in 2010

01.03.2011
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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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