{"id":109976,"date":"2022-09-23T12:03:23","date_gmt":"2022-09-23T09:03:23","guid":{"rendered":"https:\/\/balticguide.ee\/?p=109976"},"modified":"2022-09-23T12:04:02","modified_gmt":"2022-09-23T09:04:02","slug":"the-rapid-rise-in-property-prices-continued-in-the-second-quarter-of-2022","status":"publish","type":"post","link":"https:\/\/balticguide.ee\/en\/the-rapid-rise-in-property-prices-continued-in-the-second-quarter-of-2022\/","title":{"rendered":"The rapid rise in property prices continued in the second quarter of 2022"},"content":{"rendered":"\n<p>&nbsp;<\/p>\n<p style=\"text-align: left;\">According to Statistics Estonia, in the second quarter of 2022, the Dwelling Price Index increased by 8% compared with the first quarter of 2022 and by 27.4% compared with the second quarter of 2021.<\/p>\n<p style=\"text-align: left;\">The Dwelling Price Index expresses changes in the square metre price of transactions made by individuals for the purchase of properties, and is compiled for apartments and houses (detached, semi-detached and terraced houses).<\/p>\n<p style=\"text-align: left;\">\u201cCompared with the second quarter of 2021, the prices of apartments rose by 27.3% and the prices of houses by 27.8%. Compared with the first quarter of this year, the prices of apartments went up by 9% and the prices of houses by 6.1% in the second quarter,&#8221; explained <strong>Egne S\u00e4inast<\/strong>, an analyst at Statistics Estonia.<\/p>\n<p>&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"1000\" src=\"https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/09\/Propertyprices.png\" alt=\"\" class=\"wp-image-109977\" srcset=\"https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/09\/Propertyprices.png 1200w, https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/09\/Propertyprices-650x542.png 650w, https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/09\/Propertyprices-1024x853.png 1024w, https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/09\/Propertyprices-768x640.png 768w, https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/09\/Propertyprices-85x71.png 85w, https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/09\/Propertyprices-18x15.png 18w, https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/09\/Propertyprices-120x100.png 120w, https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/09\/Propertyprices-150x125.png 150w, https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/09\/Propertyprices-210x175.png 210w, https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/09\/Propertyprices-180x150.png 180w, https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/09\/Propertyprices-450x375.png 450w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/figure>\n\n\n\n<p>&nbsp;<\/p>\n<p style=\"text-align: left;\">In addition, in the second quarter, the Owner-Occupied Housing Price Index increased by 8% compared with the first quarter of 2022 and by 21.9% compared with the second quarter of 2021.<\/p>\n<p style=\"text-align: left;\">The Owner-Occupied Housing Price Index expresses changes in the price of dwellings new to the housing market as well as other goods and services that households purchase in their role as owner-occupiers. The index consists of the purchase of properties, other services related to the purchase of properties, major repairs and maintenance, and insurance connected with properties.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; According to Statistics Estonia, in the second quarter of 2022, the Dwelling Price Index increased by 8% compared with &hellip; <span class=\"read-more-excerpt\">Read more<\/span><\/p>\n","protected":false},"author":10,"featured_media":109987,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"ngg_post_thumbnail":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[50],"tags":[14064,14349,16332,16333,16334,16335,16336,16337],"class_list":["post-109976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-estonia","tag-statistics-estonia","tag-dwelling-price-index","tag-price-of-apartments","tag-price-of-houses","tag-houses","tag-property-prices","tag-apartments","tag-owner-occupied-housing-price-index"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/posts\/109976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/comments?post=109976"}],"version-history":[{"count":3,"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/posts\/109976\/revisions"}],"predecessor-version":[{"id":109994,"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/posts\/109976\/revisions\/109994"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/media\/109987"}],"wp:attachment":[{"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/media?parent=109976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/categories?post=109976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/tags?post=109976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}