The proportion of households expecting falling prices has simultaneously decreased by 1 percentage point to 11 percent.
"A combination of further interest rate cuts from the Swedish Central Bank, increased debt appetite, rising purchasing power, and a pent-up demand for housing suggests that households may be right in their forecast and 2025 will be the year when the housing market takes off again", says SEB's private economist Américo Fernández according to a press release.
The indicator, which is based on web interviews with approximately 1,000 households, shows that an increasing number of households are now considering fixing the interest rate on their mortgage.
Fernández reminds us that floating three-month interest rates are now expected to be pushed down – if the Swedish Central Bank lowers the repo rate – while fixed interest rates are starting to "approach the bottom as they are to a greater extent controlled by the long-term market interest rates that have turned upwards during the autumn".
