Swedes Signal Optimism on Home Prices for Third Straight Month

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The outlook for Sweden’s residential property market climbed into positive territory for a third consecutive month, according to a survey from the country’s largest bank.

SEB AB’s housing price indicatorBloomberg Terminal rose by 1 point to 15 in August, according to data released on Monday. The metric represents the difference between the proportion of respondents who believe in rising prices versus those who expect to see a decline.