Swedish Residential Real Estate Overvalued by 25%, S&P Says
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Swedish housing is overvalued by as much as 25 percent after prices accelerated at a faster pace than disposable income, Standard & Poor’s said.
The divergence, which resembles an imbalance before a property slump 20 years ago, may either require prices to decline or salaries to rise at a faster pace, S&P analysts Sean Cotten and Alexander Ekbom said in an interview in Stockholm two days ago.