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 began in the first quarter of 2008 and lasted until the end of the second…
2011 March
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 to how they had been during the last months of 2011 however, with the index…
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 the office today, this has not changed, and in fact there has been a fall…
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 62.8, as against a low of less than 61.5 in the autumn. However, this is…