According to Statistics Estonia, in the 3rd quarter of 2013 11 093 transactions in real estate were made with total value of 561 million euros. Within a year the number of transactions in real estate increased 15 and the value of transactions 17%.
Of the 11 093 transactions 56 were transactions with the rights to superficies. The total value of transactions with rights to superficies was 5 million euros.
Today’s number of transactions in real estate exceeds the minimum point of transactions in 2009 by a little over two times. Yet the value of transactions exceeds it 87%.
However, we are still 24% below the peak of transactions and turnover in 2007. Today’s turnover of transactions in real estate is almost 2,5 times lower than the peak in 2006.