Housing prices seem to be gently slowing down: "No sharp throws"

Over the past year, housing prices have risen markedly.

Villas have increased by as much as 18 percent at the national level and condominiums by 12 percent.

According to calculations made by Swedish Brokerage Statistics for the month of July, house prices now seem to have stagnated at least for the time being and in some cases even decreased.

In Greater Stockholm and central Malmö, for example, prices fell by 1 per cent.

"No sharp throws"

Fredrik Kullman, CEO of Bjurfors Stockholm, believes that the figures came in as expected and does not think that the autumn will offer any sharp throws.

- We have seen an increased supply in recent months, but it has not been enough to meet demand and create the price pressure that I know many buyers are waiting for.

If it increases a little more, we may see sellers being challenged, but the most likely scenario is that we will see small price movements this autumn, says Fredrik Kullman, CEO of Bjurfors Stockholm.

House prices are stagnant in the big cities

In all three metropolitan areas, house prices remained unchanged, so the national increase of 1 percent is due to price increases outside these areas.

According to Mäklarsamfundet's CEO Björn Wellhagen, it was much needed that house prices were unchanged in Stockholm, Gothenburg and Malmö was much needed after many months of rising prices.

In July, the housing market often goes into silence, but this year the number of housing objects that have changed owners has also decreased in relation to July last year.

- In July this year, 11,300 villas and condominiums changed owners, which is 9 percent fewer than in July 2020. If we look at it so far this year, 111,900 villas and condominiums have been sold, which is 13 percent more than the same period last year, says Per-Arne Sandegren Head of Analysis at Swedish Brokerage Statistics.