Estonia is leading the growth of housing prices in Europe

The growth rate of real estate value in Estonia is the highest in comparison with other European countries, according to an Internet source Property Showrooms ... According to the latest data from the Knight Frank House Price Index, in the third quarter of 2011, property prices across the country increased by 14.3% compared to the same period last year. And from the second to the third quarter of this year, the cost of housing in Estonia increased by 3%. Estonia ranked second in the world in terms of annual growth in house prices, surpassed only by Hong Kong. According to the Global Property Guide real estate price index, housing prices in the Estonian capital increased by 2.71% from the second to the third quarter of 2011. Tallinn was one of the few European cities to make it to the top lines of the house price index. HomesOverseas.ru