Housing optimism rises as SEB price indicator regains ground

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Housing optimism rises as SEB price indicator regains ground
Photo: Fredrik Sandberg/TT

SEB's house price indicator, which shows the difference between the proportion of households that believe prices will rise and those that believe they will fall, increased by 3 points in July to 47, from the previous month.

The proportion of households that believe prices will rise increased by 2 percentage points, to 55 percent.

"Housing price expectations are back to pre-war levels. Strong purchasing power and stable interest rates are lifting both morale and housing prices. However, the recovery is uneven and looks different depending on where in the country and what type of housing is involved," says SEB's private economist Américo Fernández in a comment.

Households expect the policy rate to be 1.92 percent in one year.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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