Ober-Haus Real Estate Market Report 2010 - Baltic States

Estonia, Latvia and Lithuania are all emerging from the worst recession since the restoration of independence nearly 20 years ago. The bank liquidity fuelled real estate boom that started in 2004 quickly turned to bust in mid-2007. All three countries suffered GDP drops in 2009 from -14 % (Estonia) to -18% (Latvia), but analysts' consensus for 2010 is for mild growth of 1% or better Estonia and Lithuania, while Latvia's GDP decline slows to -3%.

Ober-Haus newest Property Report for the capital cities of the Baltic States: Tallinn, Riga and Vilnius, available here in its full 48 pages in pdf format.