Sweden’s depressed housing starts exacerbating shortage of homes

A sharp slowdown in residential construction in Sweden over the past two years threatens to worsen a housing shortage in the biggest Nordic country.
Stockholm. | Photo: Simon Johnson/Reuters/Ritzau Scanpix
Stockholm. | Photo: Simon Johnson/Reuters/Ritzau Scanpix
By Niclas Rolander / Bloomberg

An indicator of housing starts remained at the lowest level in almost nine years in July, unchanged from the month before, as construction has stalled after a year of falling housing prices, data published on Wednesday showed. 

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