Apartment prices rise 80% in 5 years ({{commentsTotal}})

Kinnisvara müük.
Kinnisvara müük.

The price of apartments in Estonia has reached 2008 pre-crisis levels, with the average cost of a square meter in larger cities over 1,100 euros.

According to the real-estate price index compiled by Pindi Kinnisvara, the price rose by 5.8 percent - from 1,062 to 1,124 euros/m² - in November alone.

The last time the prices were that high was in the summer of 2008, a few months before the financial crisis hit, said Peep Sooman, member of the board of Pindi Kinnisvara. "They are still a fifth below the absolute high in April 2007, since the real-estate market actually started to decline back in 2007."

The market was in its lowest point in July 2009 when the apartments cost 624.2 euros/m², on average.

The index is based on the real-estate prices in all county centers.



Siim Kallas.

Interview: Siim Kallas on ambitions, Estonian politics, and EU presidency

Following the local elections in October this year, Reform Party founder, former prime minister, EU commissioner, and presidential candidate Siim Kallas took on the job of municipal mayor of Viimsi, a community on the outskirts of Tallinn. In his interview with ERR's Toomas Sildam, Kallas talks about local government, his party, the EU presidency, and perspectives in Estonian politics.

ERR kasutab oma veebilehtedel http küpsiseid. Kasutame küpsiseid, et meelde jätta kasutajate eelistused meie sisu lehitsemisel ning kohandada ERRi veebilehti kasutaja huvidele vastavaks. Kolmandad osapooled, nagu sotsiaalmeedia veebilehed, võivad samuti lisada küpsiseid kasutaja brauserisse, kui meie lehtedele on manustatud sisu otse sotsiaalmeediast. Kui jätkate ilma oma lehitsemise seadeid muutmata, tähendab see, et nõustute kõikide ERRi internetilehekülgede küpsiste seadetega.
Hea lugeja, näeme et kasutate vanemat brauseri versiooni või vähelevinud brauserit.

Parema ja terviklikuma kasutajakogemuse tagamiseks soovitame alla laadida uusim versioon mõnest meie toetatud brauserist: