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Märt Umbleja, leading analyst at Statistics Estonia, pointed out that the last time the dwelling price index fell compared with the previous quarter was in the third quarter of 2023. “Compared with the second quarter of 2024, the prices of apartments decreased by 1% in areas bordering Tallinn and in Tartu and Pärnu cities, and by 7.7% in the rest of Estonia. In Tallinn, apartment prices continued to rise, increasing by 0.9% from the previous quarter,” Umbleja noted. Compared with the third quarter of 2023, apartment prices went up by 5.8% and the prices of houses by 8.1%. The monetary volume

According to Statistics Estonia, in the second quarter of 2024, the dwelling price index increased by 6.7% compared with the same period in 2023 and by 2.8% compared with the first quarter of 2024.

Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the GDP, which had shown growth in the fourth quarter last year, was again down a little in the first quarter this year. “A month ago, we published a model-based flash estimate which suggested that the economy might be slightly improving. However, the flash estimate underestimated some irregular factors in the fourth quarter. Vehicle sales were exceptionally high in the fourth quarter in anticipation of the introduction of the motor vehicle tax from 2025. But the model could not fully foresee the significant

Tiina Pärson, leading analyst at Statistics Estonia, said that internet use is a common practice among younger and middle-aged people (16–54-year-olds), with almost 100% of them using the internet. Internet use has increased significantly among the elderly. For example, compared with last year, internet use has risen by five percentage points in the 55–64 age group and by six percentage points among 65–74-year-olds. Compared with 2020, the increase has been even greater, at 11 percentage points among people aged 55–64 and 20 percentage points among people aged 65–74. “One key factor is the

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 first quarter of 2024, the dwelling price index increased by 2% compared with the fourth quarter of 2023 and by 7.8% compared with the first quarter of 2023.

Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index in May was almost unchanged compared with April but rose by 4.5% year on year. “Compared with May 2024, the index was affected the most by the 7.1% higher prices of food products. In transport, prices increased by 6.2%, mainly due to the motor vehicle tax introduced in January and price changes in passenger transport. New price lists for health services are in force from April, including an increased appointment fee for specialist medical care, which also affected the index year on

Robert Müürsepp, team lead of national accounts at Statistics Estonia, noted that initial signs indicate a slight improvement in the economy compared with both a year ago and the previous quarter. “The seasonally and working-day adjusted GDP was up by 0.2% from the second quarter of 2025,” Müürsepp added. What is a flash estimate of GDP? The official data on GDP for the third quarter will be published on 1 December, but based on the information already available, it is possible to assess the overall economic trend. This is done using, for example, trade indicators, transport and manufacturing

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.