Estonia: Real Estate Transactions Up by 12%
According to Statistics Estonia, in 2012, 36,176 purchase-sale transactions of real estate in the total value of 1.7 billion euros were notarised.
In 2012, the number of transactions increased by 12% compared to 2011 and the total value of transactions increased by 13%.
Compared to the real estate slump in 2009, the number of transactions increased by 38%, while compared to the boom year 2006, transaction activity is still 40% below the level of that year. In 2012, the average value of a purchase-sale…