In Estonia, financial satisfaction and economic security is the strongest among Central and Southern Estonians; however, residents of Harju and Lääne-Viru counties are also moderately satisfied with their economic situation, the SEB Baltic Household Outlook reveals. Seventy-three and 71 per…
Estonian residents have more confidence in the economy and are more satisfied with their financial situation than their Latvian and Lithuanian counterparts, the SEB Baltic Household Outlook reveals. Seventy-three per cent of the Estonian population are moderately satisfied with their…
SEB’s analysis shows that a resident of Tallinn with an average income needs about three years to set aside enough money for the down payment to buy a standard apartment in a dormitory district or new development. In Q2 2016,…
According to the SEB home purchasing power index, in the first quarter of the year a person living in Tallinn and earning an average income was able to purchase 42.4 square metres of new living space in a dormitory district,…
The SEB Baltic Household Outlook revealed that in 2015 the market for small loans and other loans issued by banks experienced an upturn in Estonia and Lithuania with the loan portfolios increasing by 1.8 per cent and 6.3 per cent…
The growth of the home loan market, which started three years ago, continued through 2015 in Estonia and Lithuania, with the volume of loans growing by 4.3 and 4.7 per cent respectively, as indicated by the SEB Baltic Household Outlook.…
Analysis by SEB has revealed that 2015 saw the accessibility of new apartments improve in both Riga and Vilnius, yet decrease in Tallinn. Despite the decline, new apartments are more affordable in Estonia than in the capitals of Latvia or…
SORAINEN Lithuania advised a company from the Inreal group on the acquisition from Litectus of a business centre at 92, Žalgirio street, Vilnius. The transaction was organized by Inreal valdymas, a leading Lithuanian real estate company. The nine-storey business centre,…
A survey by SEB shows that in terms of current income levels and property prices, residents in the Baltic capitals can now become owners of bigger standard flats of dormitory suburbs than a year ago. SEB home purchasing power index*…
Several important economic indicators were updated last week. The new GDP flash estimate for the third quarter indicates that instead of picking up speed, as was expected at the beginning of the year, economic growth is instead beginning to freeze.…
GDP growth slowed more than expected, from 1.9% in the second quarter to 0.5% in the third quarter, year on year. Quarter-on-quarter change in GDP volumes was negative: -0.5%. During the first 9 months of the year, GDP in Estonia…
SEB’s pan-Baltic survey of CFOs of large enterprises indicates an improved assessment of the business climate; however, Estonian enterprises remain more conservative in their forecasts than their neighbours to the south. The main concerns for large Estonian enterprises are low…
Compared to the other Baltic states, Estonians are more inclined to take out loans to buy their own homes, SEB’s latest economic analysis of households in the Baltic states reveals. Owning one’s home instead of renting it is significantly more…
Compared to the rest of Europe, the residents of the Baltic States rarely move house. People chiefly move for family-related reasons, reveals the new Baltic Household Outlook prepared by SEB. The residents of the Nordic countries move most often. As…
The financial situation of households in the Baltic States has improved thanks to favourable changes on the labour market and growth in mean wages, reveals the new economic analysis of Baltic households by SEB. Growth in people’s savings has significantly…
