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…
Read articleBigbank 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…
Read articleThe 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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