Swedish Housing-Price Decline Confirmed by Broker Data
- Prices of flats, detached houses fell 1% on month in November
- Maklarstatistik data comes as Swedish economy is shrinking
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Swedish home prices have resumed a slide that’s kept the Nordic country in the spotlight over havoc wreaked by rising borrowing costs.
The prices of apartments as well as detached houses fell by 1% from the prior month in November, according to data published by Svensk Maklarstatistik on Friday. The report confirms that the market has weakened again, following a period of stabilization this year.