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Swedish Housing Market Activity Slows as Prices Tick Down

  • Rising rates have caused prices to decline for 10 months
  • Sweden’s residential price drop is among the biggest globally

Sweden’s housing market continued to seek a bottom at the start of the year, beset by falling activity after ten months of consecutive price declines.

The largest Nordic country is enduring one of the biggest routs in residential real estate globally as home values have almost erased their pandemic-era gains after the end of ultra-low interest rates.