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International Internet Magazine. Baltic States news & analytics Tuesday, 02.06.2020, 11:11

Estonian real estate transactions' turnover grows by 26% in Q1

BC, Tallinn, 19.05.2015.Print version
The turnover of Estonian real estate transactions grew by 26% in the first quarter of the year 2015 year-on-year, Äripäev.ee/LETA reported.

In the first quarter of 2015, 12,812 real estate transactions were conducted in Estonia. That figure was just nearly 1% higher than the number of transactions a year ago.

 

The number of transactions decreased as compared to the previous quarter by 15%. This is a seasonal decline, and not a reversal of market trends.

 

The summary turnover of the real estate transactions in the first quarter of 2015 was 719 million euros. Despite the just 1% increase in the number of transactions, the turnover of the transactions rose by 26% in a year.






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