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Swedish realtors grow more pessimistic on apartment prices

Sweden’s real estate agents expect no imminent reversal of one of the world’s biggest housing price declines that shaved some 15% off the value of homes in the Nordic country.
Stockholm, Sweden. Neighborhood of Liljeholmskajen built in 2015 with some of the city's most expensive apartments | Photo: Alexander Farnsworth/AP/Ritzau Scanpix
Stockholm, Sweden. Neighborhood of Liljeholmskajen built in 2015 with some of the city's most expensive apartments | Photo: Alexander Farnsworth/AP/Ritzau Scanpix
By Niclas Rolander / Bloomberg

A quarterly survey by state-owned lender SBAB shows that 32% of respondents believe apartment prices will fall in the second quarter, compared with 28% three months ago. A majority of realtors still bet that the market will trend sideways, while seeing an uptick in supply that won’t be matched by a similar rise in demand.

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