Estonia's property boom
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Estonia is experiencing a property boom, despite slow economic growth. Property demand is rising. House price rises continue to accelerate.
During the year to end-November 2013, the average price of apartments in Tallinn, Estonia’s capital, soared by 13.75% (12.12% inflation-adjusted) to €1,307 per square meter (sq. m), according to Ober Haus Real Estate Advisors. During the latest quarter, apartment prices in Tallinn rose by 4.31% (5.43% inflation-adjusted).
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