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According to Statistics Estonia, in 2023, the dwelling price index increased by 5.9% compared with the average of 2022. The last time that the annual growth of the dwelling price index, which is calculated as the average of four quarters, was this low was in 2018.

According to Statistics Estonia, 22.5% of Estonia’s population lived at risk of poverty and 3.5% in absolute poverty in 2022. Compared with 2021, the share of people living at risk of poverty decreased by 0.3 percentage points and the share of people living in absolute poverty increased by 2.1 percentage points.

According to Statistics Estonia, in the third quarter of 2023, the dwelling price index decreased by 0.3% compared with the second quarter and increased by 3.8% compared with the third quarter of 2022.

According to the results of the register-based population and housing census of 2021, there are 341,995 families in Estonia, of which almost half, or 49%, are two-member families. Compared with the previous census, there are fewer families, but the number of people living in them has risen. 154,625 families (or 45%) are raising minor children and 16% of the population lives alone.

Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the fourth quarter marked the end of 10 quarters of recession. “The last time the GDP grew was in the first quarter of 2022,” Müürsepp noted. In contrast to previous quarters, the majority of activities had a positive impact on the economy. “The energy sector led the way, with value added increasing by 21%. This was followed by real estate activities and information and communication – both saw their value added rise by 5.7%. Notably, manufacturing also recovered from the crisis, growing by 0.5%. The value added

According to Statistics Estonia, in the second quarter of 2023, the dwelling price index increased by 5% compared with the second quarter of 2022 and by 3.8% compared with the first quarter of 2023.

Data from the population and housing census conducted at the end of 2021 show that on average in Estonia, people’s homes are older than they are, and the number of households living in private houses has increased.