Swedish Home Prices Stall at a Higher Level Than Before Pandemic



Home prices in Sweden have largely stagnated since the start of the year, indicating that the worst-case-scenario of a housing price crash has been avoided, according to state-owned lender SBAB.

House prices rose 1.2% in February, yet were little changed when adjusting for seasonal effects, showed statistics from the bank’s property listings site Booli published Sunday. The data suggests a stabilization following a price decline in late 2023, and comes as optimism about the market has been buoyed by expectations that the Swedish central bank will soon begin to lower borrowing costs.



Source link

Recommended For You

About the Author: Tony Ramos

Tony Ramos is a seasoned expert in business funding and real estate investment, with a remarkable journey spanning over 20 years. His expertise in flipping properties and implementing the buy-and-hold strategy has positioned him well in the real estate investment sector. Tony's profound understanding of financial strategies extends to teaching individuals and businesses how to become debt-free and leverage the power of LLCs for funding. For insights, mentorship, or collaboration opportunities, Tony can be reached at businessfundingnopg@gmail.com. Connect with him to unlock the potential of smart financial strategies and embark on a path to financial success and freedom.

Leave a Reply

Your email address will not be published. Required fields are marked *