According to a recent report on the Statistics Estonia site, economic growth in Estonia grew by two per cent y-o-y to Q2 2012.
However, GDP only grew by 0.4 per cent, when seasonal and work-day factors are taken into account, between Q1 and Q2.
Most of the growth came from the construction, information and communication
Continue reading Economic Growth In Estonia Continues, But Slows In Q2 2012
According to a recent article in the Estonian Press Digest from News2Biz, July 2012 saw something of a fall in real estate prices in Estonia as a whole, but at the same time real purchasing power (in Tallinn) for those wishing to purchase property also fell.
Citing real estate giant Pindi Kinnisvara‘s index as falling
Continue reading Real Estate Prices In Estonia See Fall In July 2012
According to a report by Tõnu Toompark on his adaur blog, investment in real estate in Estonia has increased by 24 per cent y-o-y to the first quarter of 2012.
Citing figures from the Estonian Statistics office, investments from Estonian companies into plant and equipment fixed assets came to a value of 506 million Euros in
Continue reading Statistics: Real Estate Investment In Estonia Increases 24 Per Cent Y-o-Y
There has been a y-o-y increase in rental prices in Tallinn of 18 per cent, to July 2012, according to Tõnu Toompark on his adaur blog.
This undoubtedly is connected with the short supply of rental properties in Tallinn at the moment.
According to Tõnu and citing data from real estate portal kv.ee, the volume
Continue reading Apartments For Rent In Tallinn Increase Y-o-Y Slightly In Number, Greater By Rent Price
More hopeful signs of economic recovery in Estonia comes with a recent report on the Statistics Estonia site which states that retail sales in Estonia increased by seven per cent y-o-y to June 2012.
Furthermore this trend has been continuing since March 2012; every month between March and June saw an increase in retail sales
Continue reading Retail Sales In Estonia Continuing To Grow
An item first published on this blog on 6th July, 2012.
An interesting and detailed post here, from the redoubtable Edward Hugh, about one of the two other CEE countries, apart from Estonia, that have acceded to the Eurozone, namely Slovenia (the third country is Slovakia).
Having consistently outperformed Estonia and even ‘older’ Eurozone countries
Continue reading Estonia Vs Slovenia
According to Tõnu Toompark on his adaur blog, 96 per cent of residential dwelling space in Estonia is in private hands.
The total number of residential items comes to 657 800 units, only a small increase on the last 12 years, with only three per cent of dwellings owned by local governments and one per
Continue reading Statistics: 96 Per Cent Of Residential Dwelling Space In Estonia Is In Private Sector
Citing figures from the Estonain statistics office, Tõnu Toompark has reported on his Adaur blog that the total number of newly constructed residential units compared with the existing housing stock has increased by 0.4 per cent y-o-y, to 2012. The actual area of residential space versus existing stock increased by 0.68 per cent over the
Continue reading Statistics: Residential Space In Estonia Has Increased 0.4 Per Cent Y-o-Y
A recent report on the Estonian Statistics Office site has stated that May 2012 saw a decrease in exports y-o-y of some eight per cent at current prices.
This needs to be seen in the context of May 2011′s figures being at a record high however, according to the report.
Meanwhile, imports remained steady and
Continue reading Estonian Exports Down Y-o-Y To May 2012, Nevertheless Growing
The volume of residential space in Estonia, according to data from the Estonian Statistics Office, stood at 657 800 items with a total area of 40.53 million square metres, as reported by Tõnu Toompark on his adaur blog.
This represents an increase in the number of residential items of 0.29 per cent y-o-y, and an
Continue reading Statistics: Volume Of Residential Space In Tallinn Has Increased 0.29 Per Cent Y-o-Y