Real estate prices in Estonia are not falling as quickly as some forecasters have been suggesting according to an analyst at Newsec Eesti.
Real estate prices in Estonia are not falling as quickly as some forecasters have been suggesting according to Olev Mait Makk, an analyst at Newsec Eesti.
According to Makk the growing number of unsold developments is given too much weight. Makk says that, in Tallinn, it is apartments only in the city centre that are experiencing a drop in prices, not the suburbs. Makk says this is not because property prices are falling, rather the sale period is extending, he says.
