residential ESS cost breakdown in Estonia 2026

What is the outlook for the Estonian housing market in ?

The outlook for the Estonian housing market in remains uncertain, as the wider economy continues to struggle. Estonia's economy contracted by 3% in from a year earlier, following a 0.5% decline in the prior year, amidst falling private consumption, weak investment, and plummeting exports.

How did Estonia's housing price index perform in Q1 ?

Table of Contents During the year to Q1 , the nationwide dwelling price index rose by 7.81%, following year-on-year increases of 5.74% in Q4 , 3.84% in Q3, 4.98% in Q2, and 9.16% in Q1, according to figures released by Statistics Estonia. When adjusted for inflation, prices increased by a more modest 3.41% over the same period.

How many houses are there in Estonia in ?

The total housing stock in Estonia has reached 747,000 units in , up by 1.2% from the previous year and by 4% five years ago, according to Statistics Estonia. This was in contrast with the slight decline in dwelling stock of 0.1% y-o-y in .

What happened to the rental market in Estonia?

The rental market shrank from 12% of households (with 9% privately renting and 3% in social rents) in , to just 4% in . Then came the crash, amidst the global financial crisis. Estonia's house price falls in was among the biggest in the world, rivaled only by Latvia.

What happened to Estonia's house price in ?

Estonia's house price rises accelerated further to 20.4% (10.1% inflation-adjusted) in and 16.9% (-3% inflation-adjusted) in . During , house price growth decelerated to 5.8% (1.4 inflation-adjusted), amidst falling demand and a struggling economy.

What are the rental yields for apartments in Estonia?

Gross rental yields for apartments in Estonia are moderate, ranging from 2.78% to 5.36% in Q2 , with a nationwide average of 4.51%, according to a recent research conducted by the Global Property Guide. Yields have declined slightly mainly due to the continued rise in house prices in the country in recent years.

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Estonia Residential Real Estate Market Analysis

The outlook for the Estonian housing market in remains uncertain, as the wider economy continues to struggle. Estonia's economy contracted by 3% in from a year

ESTONIA

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Single-Family Housing Construction Market in Estonia

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Trading Economics provides the current actual value, an historical data chart and related indicators for Estonia - Residential construction - last updated from the EUROSTAT on July of

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Residential Construction Market in Estonia

Overview of the residential construction market in Estonia. Historic ( through ) and forecast ( through ) construction market output values are provided.

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