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Persistent link: https://www.econbiz.de/10011625553
This paper is concentrated on analyzing the CEE countries¥ housing and lending market development in 2002-2009. Some of the CEE countries (Bulgaria, Latvia, Lithuania, Romania, and Slovakia) have experienced 250-400% price increases at the peak of the real estate boom in 2007-2008. Other...
Persistent link: https://www.econbiz.de/10011153494
"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....
Persistent link: https://www.econbiz.de/10010834228
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...
Persistent link: https://www.econbiz.de/10010834962
The global economic and financial crisis has had a considerable impact on the Estonian economy and especially on the overheated real estate market. The current slowdown is also shaped by domestic demand. After too rapid economic growth until 2006 the cooling down from 2008 was faster then...
Persistent link: https://www.econbiz.de/10010835126
The history of Estonian real estate market dates back to the early 1990s and its development, starting from its early days, has been fast in general, though variable in rates in different sectors of the real estate market. The article seeks to provide an overview of and analyse development of...
Persistent link: https://www.econbiz.de/10010799611
The Estonian economy and along with it the real estate market, especially housing market, has been in rapid development since its very existence in the 1990s. In resent years there have been repeated hints of an approaching real estate crash and of a possibility of extremely pessimistic...
Persistent link: https://www.econbiz.de/10010799624
The extended use of infocommunication technologies has turned into a great asset to enterprises, citizens and the government. A result is thorough changes both in the structure of enterprises and the government and in the skills requirements and organisation of work, as well as in relationships...
Persistent link: https://www.econbiz.de/10010799808
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...
Persistent link: https://www.econbiz.de/10010799819
Fast development of the real estate market and impacts of crashes and real estate value on the economy and consumption, and ways how to mitigate them have become topical issues in Estonia since the residential as well as housing loans markets were, as a result a fast economic growth, overheated...
Persistent link: https://www.econbiz.de/10010799927