Estonia: City24 observes oversupply in Tallinn rental market

  • 2020-08-11
  • BNS/TBT Staff
TALLINN - The number of apartments in the Tallinn rental market this summer is higher than ever before, granting tenants a clear advantage, according to Karin Noppel-Kokerov, manager of real estate portal City24.ee. In July 2020, City24 mediated close to 4,000 rental ads, 66 percent more than in July 2019, according to the portal.  "Growth in the number of rental ads was already observed in spring, but no one could predict at the time we'd reach such figures," Noppel-Kokerov said in a press release. Changes in the r...
 
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