Housing prices in the country rose on average by a marginal 0.1 percent in October compared to September, according to state bank SBAB Boolis' monthly survey. But autumn is usually weaker, so adjusted for seasonal effects, the price increase was 0.9 percent, slightly more for apartments than villas.
Apartment prices rose the most in northern Sweden, while the arrows pointed down in the southern part of the country. The villa trend is more scattered.
So far this year, housing prices have risen by three percent overall and Robert Boije's forecast is that the year as a whole will end up weakly compared to 2024.
But despite a certain recovery, since the peak prices in the spring of 2022, housing prices are still eight percent lower. And if the strong inflation is included in the calculations, a home today costs 17 percent less than 3.5 years ago. This applies especially to villas, which are today, in real terms, 25 percent cheaper than the peak year of 2022.
And there are certain uncertainties ahead that could delay that recovery further, especially for apartment prices. New requirements for housing associations to report depreciation could lower their results. In many cases, they could therefore increase monthly fees – costs that have already dragged on for many associations in recent years.
“It can have a fairly large negative impact on prices,” says Robert Boije.
