SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

The Estate Agents: The Housing Market "is at a Standstill"

The housing market is still standing still and "marking time", according to Fastighetsbyrån's latest Real Estate Agent Panel. The supply of housing is large – but buyers are cautious.

» Updated: 16 September 2024

» Published: 29 August 2024

The Estate Agents: The Housing Market "is at a Standstill"
Photo: Fredrik Sandberg/TT

The Real Estate Agency's survey "The Broker Panel" shows that buyers still have the upper hand on the housing market, not least in Stockholm and larger cities.

"The market is standing still a bit now after the summer. The supply is still record-large and we see no tendency towards normalization, rather the opposite," says Johan Engström, CEO of the Real Estate Agency, in a press release.

This can in turn be beneficial for those outside the housing market.

"If you look on the bright side, it can be a good time for first-time buyers to make good deals."

No major price increases on housing are to be expected on this side of the year, not least since the housing supply is still so large. And those who are considering entering the market are still a bit cautious.

"We thought that the interest rate cuts would make more people dare to act, but buyers are overall still hesitant," says Johan Engström.

The Broker Panel is sent out to approximately 1,100 real estate agents around Sweden and in the latest survey, 385 people responded.

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

More news

No Tariffs on Trump's First Day
1 MIN READ

No Tariffs on Trump's First Day

The price of gasoline increases
1 MIN READ

The price of gasoline increases

That's Why Tesla Stands Firm in the Storm
3 MIN READ

That's Why Tesla Stands Firm in the Storm

The Chief Strategist Warns Against Trump's Cryptocurrency
2 MIN READ

The Chief Strategist Warns Against Trump's Cryptocurrency

Almost every third person is laid off at Novo Energy
1 MIN READ

Almost every third person is laid off at Novo Energy

Kivra's technical problems resolved
1 MIN READ

Kivra's technical problems resolved

Many companies continue to cheat with sales
1 MIN READ

Many companies continue to cheat with sales

Tiktok back in the USA: "Thanks to President Trump"
1 MIN READ

Tiktok back in the USA: "Thanks to President Trump"

Bitcoin reaches new high level
1 MIN READ

Bitcoin reaches new high level

The Stockholm Stock Exchange is fluctuating around zero.
1 MIN READ

The Stockholm Stock Exchange is fluctuating around zero.

Happy Tones on Asian Markets
1 MIN READ

Happy Tones on Asian Markets

South Korea lowers GDP forecast after crisis
1 MIN READ

South Korea lowers GDP forecast after crisis

"Send frozen Russian assets to Ukraine"
1 MIN READ

"Send frozen Russian assets to Ukraine"

Trump's new cryptocurrency surges
1 MIN READ

Trump's new cryptocurrency surges

So you press the price in the supermarket
3 MIN READ

So you press the price in the supermarket

Anger after Tiktok shutdown: "Severe withdrawal"
2 MIN READ

Anger after Tiktok shutdown: "Severe withdrawal"

This is why Tiktok is being shut down – five points
2 MIN READ

This is why Tiktok is being shut down – five points

Tiktok: We're reopening the services again
3 MIN READ

Tiktok: We're reopening the services again

"Bids have been placed on Tiktok"
2 MIN READ

"Bids have been placed on Tiktok"

Gold and green forests for green securities
1 MIN READ

Gold and green forests for green securities