Fewer Believe in Falling Housing Prices

Fewer and fewer Swedes believe that housing prices will go down.

» Published: November 09 2024

Fewer Believe in Falling Housing Prices
Photo: Janerik Henriksson/TT

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According to the Housing Price Barometer from Länsförsäkringar, 4 percent expect falling housing prices in a year, a decrease from 8 percent in October.

50 percent believe in rising prices next year.

"The housing market is getting hotter and more people than in a long time feel economically secure about moving. We do not see a price rally next year, but the falling interest rates in combination with increasing real wages will give housing prices a boost upwards", says Marcus Svanberg, CEO of Länsförsäkringar Real Estate Agency, in a press release.

However, there are several things that could negatively affect housing prices, according to Svanberg. He points, among other things, to the effects of Donald Trump's victory in the American presidential election and also the interest rate development in the surrounding world.

The measurement was conducted between October 22 and November 5 and is based on a randomly recruited web panel with 1,500 respondents.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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