A pandemic that crippled the world and a tough economic situation in recent years have made the housing market fluctuate.
Despite this, prices have risen over the past five years, according to new figures from Hemnet.
Prices have certainly fluctuated. However, looking at the past five-year period, flat prices have increased by 16 per cent, according to a compilation from the property website Hemnet.
For detached houses, the increase is even greater – 19 per cent. This is largely due to strong development on the villa market during the pandemic.
However, there are differences when looking at different parts of the country. In Stockholm and Malmö, for example, prices have risen the most, both for flats and detached houses. In Malmö, flat prices have increased by 22 per cent over the past five years. In Stockholm, it is 18 per cent. For detached houses, the increase is even greater.
"The seemingly most interest-rate-sensitive areas have performed relatively strongly on the housing market recently. The markets in both Stockholm and Malmö have shown strength, and house prices began to rise there as early as a year ago," says Erik Holmberg, market analyst at Hemnet, in a comment.
Only one municipality out of a total of 20 included in the statistics has seen a negative price development for flats over the past five years. In Södertälje, prices have fallen by 2 per cent.
In both Borås and Linköping, the increase in flat prices is small, 1 and 2 per cent, respectively.
In Gothenburg, flat prices have risen by 4 per cent, while detached house prices have increased by 14 per cent.
