Real Estate
Swedish Housing Prices Hold Up Better Than Usual in October
Housing prices have so far increased by about 6% in 2024, more than SBAB’s forecast for a 5% gain by year-end, helped by a lower cost of financing to make home purchases.
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
Swedish home prices maintained their modest recovery in October, a typically weak month in the Nordic country’s housing market, according to data from state-owned bank SBAB.
In non-adjusted terms, the price of homes dropped by 0.9% last month. However, when accounting for seasonal effects, SBAB’s data showed a 0.5% increase from the previous month.