Estonia, Good for Business, Real Estate
International Internet Magazine. Baltic States news & analytics
Wednesday, 24.04.2024, 04:53
Number of real estate transactions in Estonia grew by 12.4% in Q1
BC, Tallinn, 22.04.2013.
Print version
Print versionAccording to the Estonian Land Board data, 11,174 real estate transactions for approximately 490 million euros were conducted in Estonia in the first quarter of the year 2013; the number of transactions grew by 12.4% in a year, LETA/Postimees Online reports.
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In the first quarter of 2012, 9,940 real estate transactions were conducted for 412 million euros.
The real estate price index growth was by 12.3% in a year and 2.4% as compared to the fourth quarter of 2012. Apartment price index grew by 13.8%, unimproved land index by 16.1, imprived building land index by 0.7%.
Nearly 33,347 hectares of land exchanged owners in the first quarter versus 30,340 hectares in the first quarter of last year.
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