Swedish Home Price Expectations Drop to Lowest Level Since 2008
- SEB survey points to worsening price outlook for houses
- The Riksbank sees home prices falling 16% through end of 2023
Sweden’s house price expectations reflects wider turbulence in the housing market.
Photographer: Mikael Sjoberg/BloombergThis article is for subscribers only.
Swedes are now gloomier about the housing market outlook in the largest Nordic economy than they have been since the financial crisis, according to a key indicator of home prices.
Sweden’s SEB Housing Price indicator fell by 11 points to minus 27 from minus 16 a month earlier, hitting the lowest level since autumn 2008 and close to the pandemic-depressed levels of spring 2020.