Swedish House Prices Fell Sharply in October as Apartment Prices Rose
Villa prices fell unusually sharply in October while apartment prices rose, according to figures from SBAB and housing website Booli.
BusinessVilla prices fell unusually sharply in October while apartment prices rose, according to figures from SBAB and housing website Booli.
BusinessHigher inflation will put pressure on the Swedish Central Bank to raise its key interest rate at all three upcoming meetings, from the current 1.75 percent to 2.50 percent in February, according to a new forecast from state-owned bank SBAB.
BusinessThe Swedish Central Bank will raise the key interest rate in December and then in February next year, state-owned SBAB predicts in its latest forecast.
BusinessState mortgage bank SBAB is following Danske Bank and raising its fixed mortgage rates. At the same time, the election uncertainty is increasing market uncertainty, which could affect the Swedish Central Bank's next move. It adds a filter of uncertainty, says SBAB chief economist Robert Boije.
BusinessHousing prices rebounded in August, especially condominiums, according to new statistics.
BusinessStrong GDP figures, positive household sentiment and a buoyant economy increase the risk that the Swedish Central Bank will raise the key interest rate already this year, according to Nordea. State-owned SBAB, in turn, predicts a hike in the key interest rate in November this year. Amanda Sundström at SEB does not quite agree.
BusinessA significant interest rate hike threatens to drain households’ wallets in the coming year. Generous election promises combined with the effects of the Iran war could force the Swedish Central Bank to tighten. State-owned SBAB now believes in two interest rate hikes already this year.
BusinessSales of newly built houses and apartments are rising, but remain sluggish compared with existing homes. To attract more buyers, some companies are offering “free months,” which can mean a tax hit later.
BusinessInflation fell sharply in July, preliminary figures from Statistics Sweden (SCB) show. The fact that inflation is now falling is largely due to tax cuts, says Susanne Spector, chief economist at Danske Bank. But the tax cuts are obscuring the picture, and several economists predict that inflation will pick up again this autumn.
BusinessHousing prices in Sweden fell by 2.4 percent in July as a whole. Apartment prices fell much more, with the biggest drop in Greater Stockholm. This is surprising, says Robert Boije, chief economist at SBAB.
BusinessSkandia is raising several of its mortgage rates, the bank announces. Now several major banks are expected to follow suit.
BusinessInflation according to the CPIF measure fell to 1.3 percent in June, according to a preliminary calculation by Statistics Sweden (SCB). A small decline, but not enough to affect mortgage rates, according to experts.
BusinessHousing prices rose more than usual in Sweden in June.
BusinessGood news for highly leveraged households and businesses. Inflation in the eurozone's major economies is falling more than expected. This reduces the likelihood that the ECB and the Swedish Central Bank will have to tighten monetary policy by raising interest rates.
BusinessCritics warned that the changes to mortgage rules would cause housing prices to skyrocket. However, two months after the changes, no major effect is yet visible.
BusinessIf the Strait of Hormuz opens in the near future, it is highly likely that the Swedish Central Bank will leave the policy rate unchanged in 2026, the state-owned SBAB says in the latest edition of Boräntenytt.
BusinessNew mortgage regulations have not had any visible impact on housing prices.
BusinessHeavily leveraged households, tenant-owner associations and companies can still hope that the key interest rate will be left unchanged this year. That is the view of both the state mortgage bank SBAB and SEB, the major bank in the Wallenberg sphere. However, pricing in the fixed-income market points to an interest rate increase.
BusinessHousing prices continued to rise in March, mostly for villas, according to new statistics. But rising interest rates could put a stop to that, analysts suspect.
BusinessBank mortgage rates continue to rise. Now it may be too late to lock in the interest rate - unless you have trouble sleeping.
BusinessState mortgage bank SBAB's interest-rate forecast for the year remains largely unchanged, despite the impact of the war in Iran on the global economy. Mortgage rates are forecast to increase moderately going forward.
BusinessHousing prices rose by 1.6 percent in February, according to an index from the state mortgage bank SBAB.
BusinessThe Swedish economy is on the rise. Increased household consumption is an important factor, according to a new forecast from SBAB.
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