Estonia, Real Estate

International Internet Magazine. Baltic States news & analytics Saturday, 27.04.2024, 06:59

Over 700 mln EUR worth real estate was sold in Estonia in H1

Juhan Tere, BC, Tallinn, 03.08.2011.Print version
In the first half of the year 2011, 14,749 real estate sales-purchase transactions were conducted in Estonia, which was by 2.2% more than at the same time last year; 720.5 million EUR worth real estate changed owners, LETA/Postimees Online reports.

The value of transactions was by 31% higher than a year ago, the real estate market review of Uus Maa real estate agency indicates.

 

As compared to the first half of 2007, the boom era, when 27,587 real estate sales-purchase transactions were conducted in Estonia, transaction activity has fallen by 46.5%.






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