Housing market dynamics similarly to economic environment are cyclical, which inevitably leads to highs and lows in housing market prices. The purpose of this study was to find out in which market cycle phase Estonian housing market currently is in; which factors drive Estonian housing market...

During the last decade the Estonian housing market has experienced a rapid growth, decline and stabilisation phase and started on a new rise. The study seeks to discuss the effects of changes in the economic environment on the Estonian housing market; outline the dynamics of the housing market...

The Estonian economy has quickly adjusted to new circumstances brought about by the global crisis. Weak domestic demand due to the decrease in incomes and worsening situation in the labor market is still the main source of negative impact on the economy. But the Estonian economy began to grow...

The Estonian real estate market has experienced a decline and stabilisation phase and started on a new rise. In the real estate market decline phase it was discovered that the prices of low quality objects have fallen the most or these objects are still unsold. This paper seeks to investigate...

During the boom years in the Estonian real estate market, real estate developers, buyers and appraisers did not pay much attention to the real estate quality and its assessment because demand in the market was considerably higher than supply due to the favourable conditions of finance, and all...

After a rapid period of changes in the Estonian economy the situation will start to stabilise and it seems to be realistic, that Estonia is able to meet all the Maastricht criteria for the adoption of the euro. Weak domestic demand due to the decrease in incomes and worsening situation in the...

This paper studies the Estonian housing market, which, being the market with fastest growing prices in CEE, has undergone a rapid growth that has been oft en explained solely by an active convergence process to more advanced European countries. The study seeks to discuss the effects of changes...

"Real estate appraisers and market analysts in Estonia use various indicators to characterise the quality of real estate, and even those were mainly for offices and commercial real estate. So far, Estonia had no uniform real estate rating system that would have covered all types of real estate....