{"id":113734,"date":"2022-12-22T13:08:53","date_gmt":"2022-12-22T11:08:53","guid":{"rendered":"https:\/\/balticguide.ee\/?p=113734"},"modified":"2022-12-22T13:08:55","modified_gmt":"2022-12-22T11:08:55","slug":"rapid-rise-in-home-prices-in-estonia-comes-to-an-end-in-q3-2022","status":"publish","type":"post","link":"https:\/\/balticguide.ee\/en\/rapid-rise-in-home-prices-in-estonia-comes-to-an-end-in-q3-2022\/","title":{"rendered":"Rapid rise in home prices in Estonia comes to an end in Q3 2022"},"content":{"rendered":"\n<p>&nbsp;<\/p>\n<p class=\"p1\" style=\"text-align: left;\">According to data released by Statistics Estonia, in the third quarter of 2022, the Dwelling Price Index (which monitors the prices of apartments and houses sold) increased by 0.8 per cent compared with the second quarter of 2022 and by 24.2 per cent compared with the third quarter of 2021.<span class=\"Apple-converted-space\">&nbsp;<\/span><\/p>\n<p class=\"p1\" style=\"text-align: left;\">\u201cCompared with the third quarter of 2021, the prices of apartments rose by 25.4 per cent and the prices of houses by 22.4 per cent. Compared with the second quarter of this year, the prices of apartments went up by 2.2 per cent and the prices of houses fell by 1.8 per cent in the third quarter,\u201d said <b>Egne S\u00e4inast<\/b>, a leading analyst at Statistics Estonia.<\/p>\n<p class=\"p1\" style=\"text-align: left;\">The Dwelling Price Index expresses changes in the square metre price of transactions made for dwellings, and is compiled for apartments and houses (detached, semi-detached and terraced houses).<\/p>\n<p>&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"853\" src=\"https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/12\/DPIQ3-1024x853.png\" alt=\"\" class=\"wp-image-113735\" srcset=\"https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/12\/DPIQ3-1024x853.png 1024w, https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/12\/DPIQ3-650x542.png 650w, https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/12\/DPIQ3-768x640.png 768w, https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/12\/DPIQ3-85x71.png 85w, https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/12\/DPIQ3-18x15.png 18w, https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/12\/DPIQ3-120x100.png 120w, https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/12\/DPIQ3-150x125.png 150w, https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/12\/DPIQ3-210x175.png 210w, https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/12\/DPIQ3-180x150.png 180w, https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/12\/DPIQ3-450x375.png 450w, https:\/\/balticguide.ee\/wp-content\/uploads\/2022\/12\/DPIQ3.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>&nbsp;<\/p>\n<p class=\"p1\" style=\"text-align: left;\">The high rates of inflation and rising interest rates are seen as the biggest reasons behind the slowdown in price rises. The slowdown in price rises only telling part of the story, with demand, especially for <span style=\"color: #0000ff;\"><a href=\"https:\/\/balticguide.ee\/en\/?p=113263\" target=\"_blank\" rel=\"noopener\"><span class=\"s1\">new apartments, down by as much as 80 per cent<\/span><\/a><span style=\"color: #000000;\">.<\/span><\/span> <span class=\"Apple-converted-space\">&nbsp;<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; According to data released by Statistics Estonia, in the third quarter of 2022, the Dwelling Price Index (which monitors &hellip; <span class=\"read-more-excerpt\">Read more<\/span><\/p>\n","protected":false},"author":10,"featured_media":113740,"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":[16827,17176,17177,17178,14064,14349,16444],"class_list":["post-113734","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-estonia","tag-inflation-2022","tag-apartment-prices-2022","tag-interest-rates-2022","tag-house-prices-2022","tag-statistics-estonia","tag-dwelling-price-index","tag-apartment-2"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/posts\/113734","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=113734"}],"version-history":[{"count":2,"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/posts\/113734\/revisions"}],"predecessor-version":[{"id":113746,"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/posts\/113734\/revisions\/113746"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/media\/113740"}],"wp:attachment":[{"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/media?parent=113734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/categories?post=113734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/tags?post=113734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}