Graph and download economic data for Residential Property Prices for Estonia (QEEN368BIS) from Q1 2006 to Q1 2025 about Estonia, residential, housing, and price.

Housing Index in Estonia increased to 223.74 points in the second quarter of 2025 from 215.90 points in the first quarter of 2025. This dataset provides - Estonia House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about House Prices Growth

• Estonia house prices grew 7.8% YoY in Mar 2025, following an increase of 0.5% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Sep 2004 to Mar 2025, with an average growth rate of 8.7%.
• House price data reached an all-time high of 57.6% in Mar 2006 and a record low of -40.2% in Jun 2009.

Residential Property Prices in Estonia increased 4.61 percent in March of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Estonia Residential Property Prices.

The Direct Real Estate Activities industry have come up against numerous headwinds in recent years, ranging from the COVID-19 outbreak in 2020 to the high base rate environment in the years since, which has inflated borrowing costs for potential buyers. This is a sharp contrast to the ultra-low interest environment seen over the decade following the 2008 financial crisis. Still, revenue is forecast to edge upwards at a compound annual rate of 0.6% over the five years through 2025 to €622.9 billion, including an anticipated rise of 0.8% in 2025. Despite weak revenue growth, profitability remains strong, with the average industry profit margin standing at an estimated 18.9% in 2025. Central banks across Europe adopted aggressive monetary policy in the two years through 2023 in an effort to curb spiralling inflation. This ratcheted up borrowing costs and hit the real estate sector. In the residential property market, mortgage rates picked up and hit housing transaction levels. However, the level of mortgage rate hikes has varied across Europe, with the UK experiencing the largest rise, meaning the dent to UK real estate demand was more pronounced. Commercial real estate has also struggled due to inflationary pressures, supply chain disruptions and rising rates. Alongside this, the market’s stock of office space isn’t able to satisfy business demand, with companies placing a greater emphasis on high-quality space and environmental impact. Properties in many areas haven't been suitable due to their lack of green credentials. Nevertheless, things are looking up, as interest rates have been falling across Europe over the two years through 2025, reducing borrowing costs and boosting the number of property transactions, which is aiding revenue growth for estate agents. Revenue is slated to grow at a compound annual rate of 4.5% over the five years through 2030 to €777.6 billion. Economic conditions are set to improve in the short term, which will boost consumer and business confidence, ramping up the number of property transactions in both the residential and commercial real estate markets. However, estate agents may look to adjust their offerings to align with the data centre boom to soak up the demand from this market, while also adhering to sustainability commitments.

Estonia - Housing cost overburden rate: Tenant, rent at market price was 30.80% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Estonia - Housing cost overburden rate: Tenant, rent at market price - last updated from the EUROSTAT on October of 2025. Historically, Estonia - Housing cost overburden rate: Tenant, rent at market price reached a record high of 42.30% in December of 2015 and a record low of 20.90% in December of 2009.

Estonia - House price index was 5.50% in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Estonia - House price index - last updated from the EUROSTAT on October of 2025. Historically, Estonia - House price index reached a record high of 52.30% in March of 2006 and a record low of -42.20% in September of 2009.

The Estonia Property & Casualty Insurance Market report segments the industry into By Product Type (Motor Insurance, Property Insurance, Civil Liability Insurance, Financial Loss Insurance, Others) and By Distribution Channel (Direct, Agents, Brokers, Other Distribution Channel). Get five years of historical data alongside five-year market forecasts.

Companies operating in the third-party real estate industry have had to navigate numerous economic headwinds in recent years, notably rising interest rates, spiralling inflation and muted economic growth. Revenue is projected to sink at a compound annual rate of 0.6% over the five years through 2025, including an estimated jump of 1.2% in 2025 to €207.6 billion, while the average industry profit margin is forecast to reach 35.1%. Amid spiralling inflation, central banks across Europe ratcheted up interest rates, resulting in borrowing costs skyrocketing over the two years through 2023. In residential markets, elevated mortgage rates combined with tightening credit conditions eventually ate into demand, inciting a drop in house prices. Rental markets performed well when house prices were elevated (2021-2023), being the cheaper alternative for cash-strapped buyers. However, even lessors felt the pinch of rising mortgage rates, forcing them to hoist rent prices to cover costs and pricing out potential buyers. This led to a slowdown in rental markets in 2023, weighing on revenue growth. However, this has started to turn around in 2025 as interest rates have been falling across Europe in the two years through 2025, reducing borrowing costs for buyers and boosting property transactions. This has helped revenue to rebound slightly in 2025 as estate agents earn commission from property transactions. Revenue is forecast to swell at a compound annual rate of 3.7% over the five years through 2030 to €249.5 billion. Housing prices are recovering in 2025 as fixed-rate mortgages begin to drop and economic uncertainty subsides, aiding revenue growth in the short term. Over the coming years, PropTech—technology-driven innovations designed to improve and streamline the real estate industry—will force estate agents to adapt, shaking up the traditional real estate sector. A notable application of PropTech is the use of AI and data analytics to predict a home’s future value and speed up the process of retrofitting properties to become more sustainable.

Estonia - Selected residential property prices, Nominal, Index, 2010 = 100

In 2023, the turnover of the real estate industry of Estonia amounted to about 2.57 billion Euros. Between 2021 and 2023, the turnover rose by approximately 250 million Euros.

The financial crisis of 2008 has caused a number of changes in the investment of both companies and individuals. One of the widely invested assets became the real estate market. The decline in real estate prices was noted in 2009 and 2012-2014. The highest decrease in property prices was indicated in Bulgaria, Ireland, Lithuania, Latvia, Slovakia and Estonia. Property prices, despite the crisis, increased however in Belgium and Germany. On average, property prices in the EU declined by 4.4% in 2009, 1.9% in 2012 and 1.2% in 2013.

This statistic shows the revenue of the industry “buying and selling of own real estate“ in Estonia from 2012 to 2018, with a forecast to 2025. It is projected that the revenue of buying and selling of own real estate in Estonia will amount to approximately ****** million U.S. Dollars by 2025.

Estonia - Severe housing deprivation rate: Tenant, rent at market price was 3.40% in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Estonia - Severe housing deprivation rate: Tenant, rent at market price - last updated from the EUROSTAT on September of 2025. Historically, Estonia - Severe housing deprivation rate: Tenant, rent at market price reached a record high of 32.30% in December of 2006 and a record low of 3.40% in December of 2023.

This statistic shows the revenue of the industry “rental and operating of own or leased real estate“ in Estonia from 2012 to 2018, with a forecast to 2025. It is projected that the revenue of rental and operating of own or leased real estate in Estonia will amount to approximately ******** million U.S. Dollars by 2025.

Estonia EE: House Price Index: Nominal: sa data was reported at 209.785 2015=100 in 2024. This records an increase from the previous number of 197.722 2015=100 for 2023. Estonia EE: House Price Index: Nominal: sa data is updated yearly, averaging 102.372 2015=100 from Dec 2005 (Median) to 2024, with 20 observations. The data reached an all-time high of 209.785 2015=100 in 2024 and a record low of 59.013 2015=100 in 2005. Estonia EE: House Price Index: Nominal: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Estonia – Table EE.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Whole country; Seasonnally adjusted by OECD, using the X-12 ARIMA method; Residential property prices, sales of newly-built and existing dwellings, all types of dwellings The source is the same as the OECD Residential Property Price Indices (RPPIs) - Headline indicators database. Sales

In 2024, Turkey had the highest inflation-adjusted house price index out of the ** European countries under observation, making it the country where house prices have increased the most since 2010. In Turkey, the house price index exceeded *** index points in the fourth quarter of 2024, showing an increase in real terms of *** percent since 2010, the baseline year for the index. Iceland and Estonia completed the top three, with an index value of *** and *** index points. In the past year, however, many European countries saw house prices decline in real terms. Where can I find other metrics on different housing markets in Europe? To assess the valuation in different housing markets, one can compare the house-price-to-income ratios of different countries worldwide. These ratios are calculated by dividing nominal house prices by nominal disposable income per head. There are also ratios that look at how residential property prices relate to domestic rents, such as the house-price-to-rent ratio for the United Kingdom. Unfortunately, these numbers are not available in a European overview. An overview of the price per square meter of an apartment in the EU-28 countries is available, however. One region, different markets An important trait of the European housing market is that there is not one market, but multiple. Property policy in Europe lies with the domestic governments, not with the European Union. This leads to significant differences between European countries, which shows in, for example, the homeownership rate (the share of owner-occupied dwellings of all homes). These differences also lead to another problem: the availability of data. Non-Europeans might be surprised to see that house price statistics vary in depth, as every country has their own methodology and no European body exists that tracks this data for the whole continent.

The Estonian property and casualty (P&C) insurance market, valued at €230.74 million in 2025, exhibits a modest yet steady growth trajectory, reflected in its Compound Annual Growth Rate (CAGR) of 1.19%. This relatively low CAGR suggests a mature market with established players like IF Property and Casualty Insurance, ERGO Insurance, and Swedbank P&C Insurance dominating the landscape. Growth is likely driven by increasing awareness of insurance needs among individuals and businesses, particularly within the expanding property market and a growing middle class. Furthermore, mandatory insurance requirements for certain assets likely contribute to market stability. However, factors such as economic fluctuations, low insurance penetration in specific segments, and the intense competition among established players could present challenges to significant expansion. The market segmentation reveals that motor insurance likely holds the largest share, followed by property and civil liability insurance. Direct sales channels are expected to be increasingly competitive with the growing prevalence of online platforms, while agents and brokers retain influence in reaching specific customer segments. The forecast period of 2025-2033 anticipates consistent growth, albeit at a moderate pace, reflecting the overall stability and moderate growth potential within the Estonian economy. The competitive landscape shows a mix of both international and domestic insurers, suggesting a balance of international expertise and localized understanding. This market structure indicates opportunities for specialized insurance products catering to unique needs within Estonia, such as those specifically designed for the agricultural sector or addressing environmental risks. Further research into specific trends like increased digitalization and the adoption of Insurtech solutions would reveal opportunities for innovative players to capture market share. Understanding consumer behavior and preferences concerning insurance products, particularly among younger demographics, would be key for growth. Given the relatively stable nature of the market, a focus on customer retention and strategic partnerships will likely be crucial for long-term success within this segment. This comprehensive report provides an in-depth analysis of the Estonian property and casualty (P&C) insurance market, covering the historical period (2019-2024), the base year (2025), and offering forecasts until 2033. The report delves into market size (in millions), key industry trends, competitive landscape, and future growth prospects, making it an invaluable resource for insurers, investors, and market analysts. High-search-volume keywords like "Estonia insurance market," "Estonian P&C insurance," "Motor insurance Estonia," and "Property insurance Estonia" are strategically incorporated for enhanced search engine optimization. Recent developments include: In February 2024, Howden acquired the business operations of the corporate portfolio of KindlustusEst Kindlustusmaakler OÜ as well as AS Smart Kindlustusmaakler. Howden expands its footprint in the area by acquiring two prominent insurance agents in Estonia., In March 2024, Swedbank entered into a partnership with Akur8, an insurance pricing solution powered by Transparent AI. Swedbank intends to expedite its insurance pricing procedure, guaranteeing accuracy, transparency, and an enhanced customer experience, by utilizing Akur8's cloud-based, fully integrated platform.. Key drivers for this market are: Self service insurance through Mobile apps increasing Non-life insurance penetration, Increase in Natural catastrophe driving new business opportunity for P&C insurance. Potential restraints include: Self service insurance through Mobile apps increasing Non-life insurance penetration, Increase in Natural catastrophe driving new business opportunity for P&C insurance. Notable trends are: Direct Sales leading P&C Insurance market.

View monthly updates and historical trends for Estonia Consumer Price Index: Housing and Utilities. Source: Eurostat. Track economic data with YCharts ana…

Estonia Real(GDP) Gross Domestic ProductIndex: Chain Linked 2010p: GVA: Real Estate Activities data was reported at 98.900 Same Qtr PY=100 in Mar 2018. This records an increase from the previous number of 96.600 Same Qtr PY=100 for Dec 2017. Estonia Real(GDP) Gross Domestic ProductIndex: Chain Linked 2010p: GVA: Real Estate Activities data is updated quarterly, averaging 102.800 Same Qtr PY=100 from Mar 1996 (Median) to Mar 2018, with 89 observations. The data reached an all-time high of 159.200 Same Qtr PY=100 in Dec 1996 and a record low of 89.700 Same Qtr PY=100 in Dec 2009. Estonia Real(GDP) Gross Domestic ProductIndex: Chain Linked 2010p: GVA: Real Estate Activities data remains active status in CEIC and is reported by Statistics Estonia. The data is categorized under Global Database’s Estonia – Table EE.A015: ESA 2010: GDP: by Industry: EMTAK 2008: Real Index: Chain Linked 2010 Price.