Estonia, Real Estate
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Tuesday, 16.04.2024, 13:08
Number of flats for sale in Estonia is growing
BC, Tallinn, 11.07.2014.
Print version
Print versionThe number of flats advertised as property for sale is growing in Estonia, increasing competition between those selling real estate, writes Äripäev.ee/LETA.
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It is not yet clear whether the number of offers is high enough to halt the fast price increase.
A total of 16,868 flats were advertised as for sale in the web portal KV.EE in June. This is 8% more than during the same month last year. The number of sales offers has been growing since the beginning of 2014, in Tallinn the year-on-year growth has been 25%.
The average price of a square metre of a flat up for sale has grown to 1,273 euros in a year, approximately by 20% more than a year ago. In Tallinn, the offer prices grew by 15% in a year.
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