Swedes More Upbeat on Housing Prices as Rate Cuts Provide Relief

Swedes’ expectations on home prices rose slightly after the country’s central bank continued with its easing campaign and outlined a plan for accelerated interest-rate cuts.

SEB AB’s monthly housing-price indicator rose by 4 points in September from the previous month, to 47, as 58% of respondents expect the value of homes to increase. While prices have recovered somewhat after a 2022 rout that was one of the worst in the developed world, they remain more than 20% below their peak that year when adjusted for inflation, according to data from state-owned lender SBAB.