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Swedish house prices increased slightly, sending mixed messages in the market


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Thursday, 15 September 2011
Real estate prices for one- or two-dwelling buildings increased by nearly 1 percent during the last three month period (June 2011 – August 2011) compared to the previous period (March 2011 – May 2011). When comparing the last three months (June 2011 – August 2011) and the corresponding period in 2010, prices increased by just under 1 percent.

In 12 out of 21 countries increasing prices were reported. The greatest increase during the last three months was reported in Norrbotten County at 6 percent, followed by V�sterbotten and G�vleborg counties by 3 percent each. Kronoberg and Kalmar are the counties with the largest drop in prices, down 4 percent each. In the metropolitan areas of Greater Stockholm prices increased by just over 1 percent, while they were unchanged in Greater Gothenburg and Greater Malm�.

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House prices increased by nearly 1 percent in the last three month period compared to the same period a year earlier. In 10 out of 21 counties price increases were reported. Norrbotten County reported the highest percentage increase for the period at 8 percent, while the largest decrease were reported in Kronoberg County, down 6 percent. In the metropolitan areas of Greater Stockholm and Greater Gothenburg prices rose by 2 percent, while they were unchanged in Greater Malm�.

During the last three months the average price for a one- or two-dwelling building in Sweden was almost SEK 2.1 million. The regional disparities in the country are large. The highest price was reported in Stockholm County at almost SEK 4 million. The lowest price was found in V�sternorrland County, just under SEK 1 million.
News source: Statistic Sweden


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