Number of sales of real estate in Estonia is increasing

Number of sales of real estate in Estonia is increasing

In Q2 2014 there were 11,576 real estate transactions in the amount of €561.1 million commited in Estonia. YoY growth was 8.6% and 11.2%, QoQ growth - 13.5% and 14.8% respectively, writes ee24.com citing err.ee. 

45% of the total number of transactions were made for purchase of apartments in Estonia. Square meter went for €924, which is 10% more than in April-June 2013. Highest value per sq.m was in Tallinn - €1,429.

The highest activity was observed in Harju County (37% of all transactions), including the main city of the country Tallinn (23%). Territorial Structure of sales reflects the demographics: 44% of Estonia residents live in Harju County.