Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Record number of one-bedroom apartments for sale

It's leaning towards brighter times on the housing market. But the supply is still large, not least when it comes to smaller apartments. The number of one-room apartments for sale is at a record level, according to figures from the housing website Hemnet.

» Updated: 17 August 2024, 13:40

» Published: 17 August 2024

Record number of one-bedroom apartments for sale
Photo: Ali Lorestani/TT

After always being a bit sluggish during the summer, the housing market is starting to pick up speed. Hemnet is seeing more ads in the past week.

The supply of housing has been large for a longer period and this is particularly evident among one-bedroom apartments.

Last week, a total of 5,479 one-bedroom apartments were for sale on Hemnet – a record level. This is an increase of 36 percent compared to the same week last year, and the trend is the same across the country.

According to Hemnet's market analyst Erik Holmberg, one-bedroom apartments have been most affected by the rising interest rates in recent years.

"The fact that it is primarily the market for smaller apartments that has been affected is because those who demand smaller apartments are often single borrowers. They are generally also younger, which means they have lower incomes and less often have profits from previous housing sales to fall back on," he says in a press release.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Major Banks Lower Mortgage Rates
1 MIN READ

Major Banks Lower Mortgage Rates

Trade Union Economist: The Central Bank Lowers Interest Rate Too Late
1 MIN READ

Trade Union Economist: The Central Bank Lowers Interest Rate Too Late

How You Are Affected by Lowered Interest Rates
2 MIN READ

How You Are Affected by Lowered Interest Rates

The Central Bank cuts interest rate in half – more to come
1 MIN READ

The Central Bank cuts interest rate in half – more to come

Inflation upswing does not threaten interest rate cuts
3 MIN READ

Inflation upswing does not threaten interest rate cuts

Stockholm Stock Exchange Rises at Opening
1 MIN READ

Stockholm Stock Exchange Rises at Opening

Most up on Asian stock exchanges
1 MIN READ

Most up on Asian stock exchanges

This is how your wallet can be affected by Trump's victory
2 MIN READ

This is how your wallet can be affected by Trump's victory

Cheerful on Wall Street after Trump win
1 MIN READ

Cheerful on Wall Street after Trump win

Thousand-kronor notes to be picked up when the Central Bank increases the pace
3 MIN READ

Thousand-kronor notes to be picked up when the Central Bank increases the pace

Swish up and running again after disruption
1 MIN READ

Swish up and running again after disruption

Trump's company is soaring on the stock exchange
1 MIN READ

Trump's company is soaring on the stock exchange

Swedish Export Threatened by Trump Victory
2 MIN READ

Swedish Export Threatened by Trump Victory

Sameby's appeal against mining company rejected
1 MIN READ

Sameby's appeal against mining company rejected

Inflation Expectations Fall
1 MIN READ

Inflation Expectations Fall

Better than expected for Novo Nordisk
1 MIN READ

Better than expected for Novo Nordisk

No "Trump Effect" on the Stockholm Stock Exchange
1 MIN READ

No "Trump Effect" on the Stockholm Stock Exchange

Stock Market Euphoria as Trump Heads for Victory
2 MIN READ

Stock Market Euphoria as Trump Heads for Victory

Rush on the Tokyo Stock Exchange after the election night
1 MIN READ

Rush on the Tokyo Stock Exchange after the election night

Bitcoin hits new record
1 MIN READ

Bitcoin hits new record