Swedish housing market activity slows as prices tick own
The Scandinavian nation’s residential market, in a downtrend for nearly a year, saw prices on apartments and houses fall by 15% solely during January, boding poorly for real estate returns – yet welcome news for financially constrained buyers, says central bank boss.
By Ott Ummelas / Bloomberg
Sweden’s housing market continued to seek a bottom at the start of the year, beset by falling activity after ten months of consecutive price declines.
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