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Growth of Residential Property Prices (Nominal, Local Currency) in Estonia

Source: ECB, National Central Bank, Helgi Library calculation (Data is for existing houses and flats for Capital City until 2004 and for the whole country since 2005)
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Nominal growth of residential property prices in the local currency reached 4.90% in 2017 in Estonia, according to the National Statistical Office. This is 36.3% less than in the previous year.

Historically, nominal growth of residential property prices in the local currency in Estonia reached an all time high of 47.2% in 2006 and an all time low of -33.6% in 2009.

Estonia has been ranked 35th within the group of 71 countries we follow in terms of nominal growth of residential property prices in the local currency.

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