Sweden’s Housing Bubble Deflates as Realtors Sound Alarm

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.