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2Q2010 - Estonian Real Estate Market Commentary

In the second quarter of 2010 sales volume of residnetial purchase and sale transactions in the city centre of Tallinn increased by 65% compared to the same period of the previous year, and the number of transactions - by 62%. (...) In the city center the number of modern apartments for sale constructed by the time of real estate boom exceeds the number of older apartments for sale in the suburbs. Most of the recent sales were made with apartments in modern or fully renovated buildings at the price level of 1150-1600 Euro/m2. (...)

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