Swedish Housing Prices Rise for Third Month, Defying Rate Rise

Sweden’s housing market keeps defying rising credit costs with prices rising for a third month in a row, underpinning a brightening outlook after one of the worst routs globally in 2022.

Home prices rose by 0.8% on month in August, led by rising values of detached houses, according to seasonally adjusted data released on Monday by state-owned lender SBAB.