Apartment prices up 10% year on year in Estonia

Apartment prices up 10% year on year in Estonia

The latest figures from Statistics Estonia show that the Dwelling Price Index had shot up by 7,7% in the second quarter of this year compared to the same quarter of 2011, mainly thanks to a 10%  rise in apartments prices.

House prices, which include detached, semi-detached and terraced houses, rose by a relatively modest 2,9% over the same period.  

The Dwelling Price Index, which notes changes in the prices of homes purchased, is based on data from the Estonian Land Board and the National Register of Construction Works.

 

Source: http://news.err.ee/economy/6ecfc6ed-b2cf-4ac6-b6e4-a68e53f60b61