Housing index rises – indicating higher prices

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Housing index rises – indicating higher prices
Photo: Henrik Montgomery/TT

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Interest rate cuts are starting to take effect. It's becoming easier to afford housing. Swedbank's housing index rose during the third quarter to 99, from 93 the previous quarter.

"The probability of higher housing prices has thus increased", writes Swedbank in a comment.

The index shows that someone buying a home today needs to spend on average around 30 percent of their disposable income on housing.

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

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