The housing site Hemnet is being forced into a major cost-cutting package, in which almost 40 percent of its employees will have to leave. In addition, the company is launching entirely new advertising solutions for its customers. "It is a sacred cow that is really being slaughtered," says Erik Wikander, former CEO of Svensk Fastighetsförmedling, among others.
BusinessHousing prices continue to rise – especially in the Stockholm area. However, certain types of properties are significantly more difficult to sell than others.
BusinessSauna bathing has landed in the spotlight this spring after the comedy group KAJ made a hit and tonight represents Sweden in the European Championship with its song "Just Bathe in the Sauna". Therefore, the sauna might be a little extra hot right now – but building one in your own home is a mood booster rather than a value increaser, according to several real estate agents.
BusinessHousing prices turned up again in March. The big question is, however, what happens after the recent stock market crash.
BusinessThe prices of villas increased by 0.6 percent in February, while the prices of apartments decreased by 0.4 percent, according to the latest measurement from Swedish Real Estate Statistics.
BusinessCondominium prices rose sharply in October. A market player is now talking about a trend shift. To be brutally honest, we are back at a level we haven't seen since Russia's invasion of Ukraine, says Erik Wikander, Vice President of Svensk Fastighetsförmedling.
BusinessThe battery manufacturer Northvolt is in crisis, but the ripple effects have not yet reached Skellefteå's housing market, according to real estate agents in the city. There is no one selling in desperation, says Fredrik Lindfors at Svensk Fastighetsförmedling.
BusinessThe price increase on housing came to a halt in August. The prices of both apartments and houses even dropped slightly, according to new figures from Swedish Real Estate Statistics.
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