Uudiste arhiiv

 

Analysts: brace for higher interest rates

07.04.2011

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

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

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: Employment on the Rise

29.03.2011
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

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

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: Number of non-residential construction permits decreases

08.03.2011
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

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

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

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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New real estate bubble on the horizon

28.02.2011

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

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

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

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.…

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

21.01.2011

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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