Survey: Intentions of Estonian residents to engage in real estate transactions have decreased.
Plans of individuals in the real estate sector for the next 3 years. Author: Kantar Emor According to a recent study by Kantar Emor, 7% of Estonian residents plan to purchase new housing within the next three years, while 5% intend to rent out their property. Compared to last year, the interest in real estate…
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Bigbank predicts an increase in the average size of housing loans.
In March, the number of applications for housing loans at Bigbank increased by 10% compared to February and by 60% compared to March of last year. According to the head of Bigbank Estonia, Jonna Pekhter, the market activity is driven by the reduction in credit margins initiated by banks in January. “However, the number of…
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The Euribor rate reached 3.865% by the end of the week after six months.
The European Interbank Offered Rate (Euribor) for six months, to which most housing loans in Estonia are tied, stood at 3.865% as of April 12. A week earlier, it was at 3.834%. At the peak of 2023, in mid-October, this rate exceeded 4.1%. The highest value of Euribor in history was recorded in winter 2008,…
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Thorough market analysis: who actually buys real estate in Estonia
An in-depth review of the real estate market shows who is most interested in real estate and who makes deals at the end. he real estate portal KV.ee conducted an in-depth analysis of the market, 1000 people took part of it. As a result, it turned out who of the respondents are the most active…
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6-month Euribor breaks 2.9%
The six-month European Interbank Offered Rate (Euribor), to which most home loans in Estonia are pegged, has risen above 2.9%. The Euribor rate, which has remained negative since November 2015, hit zero in June 2022 and has been rising rapidly ever since. At the end of August, Euribor had already overcome the 1% mark, and…
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What’s going on with rental property prices?
According to statistics, compared to last year, the average cost of renting an apartment in Estonia has increased by about 20%. The biggest changes are seen in Tallinn and Tartu, where housing seekers have to count on price increases of up to 50%. If last year an average apartment was rented out for 499 euros,…
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