During the first half of this year, 30,900 house transactions were made, which is more than during the corresponding period during the pandemic, says Per-Arne Sandegren, head of analysis at Swedish Real Estate Statistics.
Back then it was a villa bonanza. Prices rose a lot during the pandemic and many deals were made. Now it is mainly the turnover that stands out.
Sure, prices have risen now too, but a little more modestly. The increase for the country was 1.2 percent in June, and 3.6 percent over three months. The increase is greatest in the Stockholm area, but house prices have also risen slightly in the Gothenburg and Malmö areas.
Mixed for condominiums
For tenant-owned apartments, the situation is a bit more mixed, he notes. In the Stockholm area, prices have fallen by 0.8 percent, in the Gothenburg area they fell by 0.1 percent and in the Malmö area they rose by 0.7 percent. For the whole country, tenant-owned prices have fallen slightly, down 0.4 percent.
Developments in central Stockholm usually point to the direction of the entire housing market, which is why the figure is important, he explains.
But what stands out is Stockholm's inner city. On an annual basis, it is up 9 percent. That's a really high number.
Been quiet
The question is what the high turnover of villas and price increases could be due to now.
There was a lull in the housing market until a year ago. But now interest rates have come down a bit, and that makes it possible for more people to buy. Especially villas, which are often a bigger deal than a condominium.
At the same time, inflation is under control.
It has been like this for a long time now, says Per-Arne Sandegren.
