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Real estate sales in Estonia for the year rose 26%

21.05.15
The data for the I quarter of 2015 indicate that the real estate market in Estonia was signed deals worth $ 719 million. euro. This figure is 26% higher than recorded in the previous year. The number of transactions rose by only 1% year on year. Total for this period in the country have been sold 12 812 facilities.
If we compare the figures with the IV quarter of 2014, the number of property transactions fell by 15%. Analysts point out that this is - the seasonal factor, it is not pointing to a slowdown in the market.
It will be recalled that Estonia is one of the leaders among the European countries, on the growth of housing costs. Eurostat data for 2014 indicate that, on average, a local real estate rose in price by 10.1%.
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