Uudiste arhiiv

 

How does global financial crisis affect Estonian real estate market?

The global financial crisis seems to turn into economic crisis. How does that affect small Estonian real estate market? arileht.ee mediates real estate consultant Tõnu Toompark’s opinion. Financial crisis and downturn of real estate prices mean that every loan kroon

Disorientation in global economy to postpone Estonian housing market recovery

KV.ee’s special housing market index KV (Real Estate) Index is constantly falling for the 33 week. The value of the index is 90.5 points what makes an annual 14 pct fall, real estate specialist Tõnu Toompark writes in his blog.

Disorientation in global economy to postpone Estonian housing market recovery

KV.ee’s special housing market index KV (Real Estate) Index is constantly falling for the 33 week. The value of the index is 90.5 points what makes an annual 14 pct fall, real estate specialist Tõnu Toompark writes in his blog.

Estonian construction volumes down 2.3 pct in Q2

The volumes of Estonian construction companies decreased 2.3 pct year on year in the second quarter, Tõnu Toompark, a real estate specialist writes in its blog. The total volume of construction works was EEK 14.7 billion. According to Toompark the

Buying a bureau wastes money

A year ago, it was written in newspapers that there is no point to pay expensive rent for a bureau since the prices of real estate were rising and buying real estate gave opportunity to earn money from investments. By

Websites claim massive debts from real estate agents (1)

In recent months Estonia’s leading real estate online portals have closed hundreds of accounts of real estate agents because of debts. Real estate developer turns attention to state real estate auctions Tarvo Teslon, CEO of Diginet that runs the popular

Balticbusinessnews.com: Number of accommodation establishments stays stabile in Estonia

Real estate specialist Tõnu Toompark writes in aripaev.ee that the number of accommodation establishments is slightly falling. In 2007, 26 accommodation establishment were added to the market in Tallinn, all over Estonia 33. Only in Western Estonia the number of

Balticbusinessnews.com: Real estate transaction at the level of 2002

8,900 transactions were made in the Estonian real estate sector in the first quarter of 2008. That is a 34 pct annual decline. The transactions’ value dropped 42 pct y-o-y, amounting EEK 9.4 bln in the Q1, Päevaleht Online mediates

Balticbusinessnews.com: Analyst: housing prices are melting in summer

Estonian real estate analyst Tõnu Toompark says that housing prices have fallen 12 percent this year. Toompark who rans KV.EE, a real estate portal that tracks real estate prices, estimates that housing prices have fallen 12 percent to the level

Estonian real estate sector in standstill

The Estonian real estate sector is stagnating and property prices continue to fall, writes Äripäev. According to Äripäev’s real estate analysts, most predictions made by the paper in January have become a reality as the market has gone to a

4,500 apartments available in Tallinn and Harju County

Aripaev.ee real estate blogger Tõnu Toompark said in Äripäev radio broadcast that there are 4,500 apartments available in Tallinn and Harju County. Äripäev CEO Igor Rõtov commented that it is definitely wise to bargain down the apartment prices. Toompark added

Analysts disagree over the future of Estonian housing market

Real estate experts Tõnu Toompark and Marek Vikat disagree whether people looking for a home should buy today or postpone the purchase decision. Toompark told Äripäev that although housing prices are likely to keep falling for most of this year,

Expert: real estate prices may fall by 20 pct by year-end

Real estate analyst Tõnu Toompark says that real estate prices could fall by another 20 pct by year-end. Toompark said that at present prices tracked by online real estate portals have been falling in average 0.5 pct a year, writes

Overborrowing remains a dark cloud over Estonian real estate market

Tõnu Toompark- sales representative of FKSM real estate group- says that the real estate market is very sensitive to borrowing levels. In an interview to Ąripäev- Toompark said that he did not expect real estate prices to continue growing since

Tallinn property market turns into a real estate bubble

In the opinion of Ąripäev- a real estate bubble is rapidly building up in Tallinn. Opinions whether this is the case differ. There are at least 3-000 new expensive apartments- private houses and lots that are currently offered in Tallinn

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