• Labour market figures were still strong before the crisis. • Data has deteriorated rapidly since March. Corona crisis did not affect Q1 data Q1 labour market survey was carried out between January and March, i.e. before the crisis hit.…
Wage growth is rapid and broad-based. The average gross wage amounted to EUR 1,419, up by 7.4%, over the year, in the second quarter. Wage growth was broad-based, in terms of sectors and levels. Tax Authority’s wage data show that…
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?,…