In October, just over 730 homes were sold for at least 10 million kronor, according to new figures from housing website Hemnet. That represents 4.5 percent of all homes sold, the highest proportion recorded in a single month.
“Housing prices are rising mainly in areas where they are already high. This goes hand in hand with a record number of homes being sold for more than 10 million kronor. Relaxed credit requirements have probably contributed to this development,” says Erik Holmberg, an analyst at Hemnet.
Unsurprisingly, the homes are almost exclusively in metropolitan areas. Eight in ten are in Stockholm County, while Västra Götaland and Skåne counties each account for 8 percent.
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