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Paper eres2005_230:
Real Estate Market Development in Estonia: Demand and Supply

id eres2005_230
authors Kolbre, Ene
year 2005
title Real Estate Market Development in Estonia: Demand and Supply
source Book of Abstracts: 2005 European Real Estate Society conference in association with the International Real Estate Society
summary The history of Estonian real estate market dates back to the early 1990s and its development, starting from its early days, has been fast in general, though variable in rates in different sectors of the real estate market. The article seeks to provide an overview of and analyse development of different real estate market sectors over the last decade, discussing separately the supply and demand side. The development of the market has been investigated from three main aspects. First, we evaluate the development and changes of Estonian economic environments and provide linkages to the general development of the real estate market. The subjects of research here are: GDP, inflation, interest rates, total turnover of the real estate market and real estate prices. Second, in greater detail we analyse demand and factors that influence demand in individual real estate market sectors. Third, we investigate supply of the real estate market, or real estate development activity, the factors that facilitate and inhibit this development.
series ERES:conference
type normal paper
discussion No discussions. Post discussion ...
session Session J5
last changed 2008/11/01 09:47
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