Uudiste arhiiv

 

Estonian Construction Volume Still Falling

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

Residential Real Estate Offers In Estonia Showing An Increase

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

Euribor Increase To 1.25%: Effects On Estonian Property Market 2 kommentaari

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.

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

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

Statistics: Employment on the Rise

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,

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

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

Value of real estate transactions growing

Number of notarized sales contracts

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

Tallinn Property Price Index Unchanged

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

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

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

Statistics: Number of non-residential construction permits decreases

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

Statistics Office – No Recovery In Estonian Construction in 2010

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

Tallinn Property Price Rise – Temporary But Advantageous?

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

Tallinn Property Price Rise – Temporary But Advantageous?

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

New real estate bubble on the horizon

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

Saaremaa Real Estate Transactions Most Active In 2010

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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