In the News

Swedish Home Prices Swell With Buyers Expecting Rate Cuts

Bloomberg, May 8

Swedish home prices rose for a third month as buyers expect some relief from lower borrowing costs. Apartment prices rose by 1.5% in April from the prior month, while the average price of detached houses increased by 0.9%, according to data published Wednesday by Svensk Maklarstatistik, which is owned by the Association of Swedish Real Estate Agents. Average prices for both categories of dwellings are now higher than they were a year ago.