Apartment Prices Remain Steady Amid Market Uncertainty

The housing market has cautiously thawed, but in April it came to a standstill again, according to Svensk Mäklarstatistik's latest figures. Global anxiety may be a factor that plays in. "Psychology plays a major role in the housing market", says Marcus Svanberg, CEO of Länsförsäkringar Fastighetsförmedling.

» Published: May 09 2025 at 06:00

Apartment Prices Remain Steady Amid Market Uncertainty
Photo: Martina Holmberg / TT

The apartment prices were almost unchanged in April, according to fresh figures from Swedish Real Estate Statistics. The prices have only risen by 3 percent over the past 12 months.

"At the beginning of the year, we saw signs of an increasing tempo with more real estate deals, but the upswing leveled out in April," says Marcus Svanberg in a written comment.

Still Stockholm

The prices for apartments in Malmö, where they fell by 1.1 percent in central Malmö, while the prices in Stormalm instead rose by the same amount. The apartment prices in central Stockholm stood completely still. In Gothenburg, the prices fell back somewhat.

Even the villa prices saw small changes. For the whole country, the prices rose by 0.3 percent, where Greater Stockholm accounted for the largest development.

Record Many Villas

The number of sold apartments fell by 6 percent in April compared to last year, while the number of sold villas instead rose by the whole period from January to April, the number of sold apartments has increased by 1 percent, while the number of villas has risen by 15 percent compared to last year.

"The fact is that the number of sold villas during the first four months of the year is at a record level," says Hans Flink, business development manager at Swedish Real Estate Statistics in a press release.

Länsförsäkringar Fastighetsförmedling's prognosis is that the number of deals will continue to increase, and that the housing prices will rise by about 5 percent this year.

"There is a pent-up demand for moving at the same time as real wage increases, tax cuts, and lower interest rates make it easier to change housing," says CEO Marcus Svanberg.

The prices of apartments have risen by 0.1 percent in a month, seen over the whole country, and by 0.8 percent in three months. In one year, the prices have risen by 2.8 percent on average.

For villas, the corresponding development is plus 0.3 percent in a month, +1.1 percent in three months, and plus 1.1 percent in a year.

Over the past 12 months, the prices of recreational homes have risen by 1.1 percent.

Source: Swedish Real Estate Statistics


Loading related articles...

Tags

TTT
By TTTranslated and adapted by Sweden Herald
Loading related posts...