Uudiste arhiiv

Statistics: Employment on the Rise

29.03.2011 Tõnu Toompark

Number of employed and unemployed persons, in thousands, per quarter

According to the Statistics Board, Estonia had a total of 593 000 employed persons as of Q4 2010. At the same time, the number of unemployed persons was 93 000. An extra 15 000 people found employment during the quarter,…

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

25.03.2011 Tõnu Toompark

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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Value of real estate transactions growing

22.03.2011 Tõnu Toompark

31 447 sales of real estate units were recorded in 2010, according to the Statistics Board. The total value of these contracts was 1,234 billion euro. The number of contracts increased by 18% year-on-year, while the value of contracts increased…

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Tallinn Property Price Index Unchanged

15.03.2011 Tõnu Toompark

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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Non-residential spaces with use permits are smaller than last year

15.03.2011 Tõnu Toompark

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

825 non-residential spaces have received use permits in 2010, according to the Stastics Board. To compare, in the last five years an average of 2700 non-residential spaces have received construction permits annually. As such, it can be claimed that many…

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Statistics: Number of non-residential construction permits decreases

08.03.2011 Tõnu Toompark

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 Tõnu Toompark

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 Tõnu Toompark

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 Tõnu Toompark

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New real estate bubble on the horizon

28.02.2011 Tõnu Toompark

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 Tõnu Toompark

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 Tõnu Toompark

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 Tõnu Toompark

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

21.01.2011 Tõnu Toompark

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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