Survey: 24% of Latvians plan to buy new home in next three years
The Luminor Bank has just conducted a new survey, and it has told the LETA News Agency, that 24% of people in Latvia are planning to buy a new home [..]
Estonian interest rates on housing loans declining
The average interest rate on new housing loans issued to households with collateral, not including renegotiated contacts, was 4.77% in September, which was 0.25% lower than a month previously and [..]
No shift in Estonia’s overall real estate market trends despite active July
The Estonian real estate market rebounded in July after a sluggish June, however, with the economy in decline for ten consecutive quarters and confidence in the economic environment remaining low, [..]
Rental prices rise in Estonia, expected to increase further
Rental prices for apartments in Tallinn have increased by 5-10 percent in recent months and are likely to continue rising, according to Igor Habal, a management board member of Estonian [..]
Luminor: People still aspiring to own their home in Estonia despite economic challenges
Data on issued mortgage loans indicate that acquiring a home remains a priority for people even in the current challenging economic climate, somewhat aided by the real estate price surge [..]
In 2023 transactions of real estate market decreased by 17 percent compared to 2022
2023, a year in which new crises arose, saw a decline in the number and total value of transactions in the Estonian real estate market, with the total value of [..]
Eurostat: Rent, housing prices in Estonia have tripled since 2010
According to Eurostat, both rent and housing prices in Estonia have more than tripled between 2010 and the third quarter of 2023, which is also the highest indicator in the [..]
State support worth 30% of interest to be paid to mortgage borrowers
Amendments to the Consumer Rights Protection Law, intended to support mortgage borrowers, come into force on January 1. The amendments enable the provision of state support to mortgage borrowers in [..]
Down payment main hurdle for young homebuyers, according to Luminor
An increasing number of young people are receiving financial support from their parents to buy real estate because the absence of their own down payment on a home loan is [..]
Support worth 30% of interest to be paid to mortgage borrowers next year
The Saeima on Wednesday passed in the final reading amendments enabling the provision of state support to mortgage borrowers in the amount of 30 percent of their interest payments, but [..]
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