The cost of housing is growing at a rapid pace

The cost of housing is growing at a rapid pace
Publishedо 28 April, 2022
The latest Eurostat report recorded Estonia's leadership in the rate of increase in the cost of real estate and its rental among all EU countries. More and more people refuse to buy new housing, but you should not expect discounts in the near future.

Over the past decade, the price tag for apartments has increased more than two and a half times, the increase in rent may reach 300% in the near future. The jump in the market is caused by an increase in the cost of building materials, as well as an increase in the rate on Euribor interbank loans.

Source: rus.err.ee