According to research from Swedbank, property prices are set to continue to rise in Tallinn as a result of increasing affordability. In Q1 of 2018 personal wages rose by 11 percent, while property prices increased by 5 percent. Prices were suppressed to some extent by the increased supply of new homes entering the market. However, prices in April and May were up 8 percent and 11 percent respectively on the previous year.
