Swedes’ Housing Optimism Grows as Riksbank Cuts and Prices Rise
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An increasing number of Swedes expect that housing prices will continue a nascent recovery as the country’s central bank has started to unwind its monetary policy tightening.
A housing-price indicator from Sweden’s largest lender, SEB AB, rose by 9 points from 39 the previous month to 48, as 59% of respondents believe prices will gain, compared with 11% anticipating a decrease.