Estonia, Real Estate

International Internet Magazine. Baltic States news & analytics Saturday, 19.09.2020, 15:07

Value of real estate transactions fell by 45% in 2009 in Estonia

Juhan Tere, BC, Tallinn, 18.02.2010.Print version
According to the Estonian Land Board, 22.3 bln kroons worth of real estate transactions were carried out in Estonia in 2009, which was by 45% less than in 2008, when the total value of transactions was 39.95 bln kroons, LETA reports, referring to Äripäev.ee.

The total number of transactions fell by 22% to 39,490 in 2009 from 50,663 in 2008.

 

In a year, 97,759 hectares of land exchanged owners versus 110,251 hectares in 2008.

 

The average value of a real estate transactions was 564,500 kroons in 2009 versus 788,500 kroons in 2008.






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