The shortage of labour keeps wage growth rapid • The shortage of labour is on the same level as in the years of the previous economic boom. • During the next two years, according to Swedbank’s forecast, the gross wage…
Although housing affordability in Estonia has improved, compared with the peak of the last real estate boom, it has stayed at the same level for the past four years. Households’ confidence in purchasing or building a home has improved in…
Every entrepreneur and property developer is looking for best measures to save money and earn a solid profit, so why would someone who strives for best quality at a lowest cost take credit obligations with an interest rate of 11%…
New Hanza Capital, AS closed H1 2017 with a profit after tax of EUR 115,778. The profit is mainly related to rent income from the real estate objects acquired in 2016. The assets of the concern amounted to EUR 34.0m…
The labour market remained tight. The unemployment rate increased due to a reform. In the second quarter of 2017, the unemployment rate was 7.0%, the employment rate 66.9% and the labour force participation rate 72% in Estonia. The labour force…
Разрешений на строительство выдаётся всё больше, но эта тенденция к росту, по оценке специалистов сектора недвижимости, может застопориться. За год количество жилых помещений, получивших разрешение на строительство, выросло на 37%. Площадь помещений в это же время составила 149 000 м?,…
Job vacancy rate just above average, but annual growth amongst highest in the euro area Unemployment and vacancy rate curve suggests no crisis yet… …but job vacancy rates likely to increase further Annual growth of vacancy rate second highest in…
Разрешений на строительство выдаётся всё больше, но эта тенденция к росту, по оценке специалистов сектора недвижимости, может застопориться. За год количество жилых помещений, получивших разрешение на строительство, выросло на 37%. Площадь помещений в это же время составила 149 000 м?,…
Apartment prices in Vilnius increased by 0.2% to 1,440 EUR/sqm in May 2017. During a year apartment prices in Vilnius increased by 5.5% and since the last lowest price level in May 2010, apartment prices are higher by 24.8% (by…
Labour market performed better than expected in the first quarter. The labour force participation rate, i.e., the proportion of persons of working-age who are either employed or unemployed, reached a record level of 70.2%, considering seasonal factors. Employment substantially increased…
Labour market remained tight in 2016. Employment is expected to marginally decline and the unemployment rate to grow in 2017. In 2016, the labour force participation rate, the share of the labour force in the working-age population, increased by 1…
The housing affordability index increased to 159.6 in Tallinn and 171.3 in Riga, but decreased to 128.1 in Vilnius In Tallinn, affordability rose by 5.5 points in the second quarter this year compared with the same period in 2015, due…
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,…