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Sweden’s Housing Bubble Deflates as Realtors Sound Alarm

Housing in Stockholm.

Housing in Stockholm.

Photographer: Mikael Sjoberg/Bloomberg
Updated on

Sweden’s inflated housing market is teetering on the brink of a correction as price expectations turn south and buyers withdraw from a sector that hit record heights last year.

Against a backdrop of plummeting share prices and a new era of interest rates hikes, the Swedish market is seeing “a clear shift” in favor of buyers in recent weeks, according to a national survey of real-estate brokers at Fastighetsbyran, Sweden’s largest, published on Thursday.