In recent weeks, brokers in Umeå have noticed a decline in the housing market.

- There will be fewer people at the screenings.

However, villas and terraced houses under four million go well, while objects over five million kronor and upwards we have to show several times, says Peter Lindeberg broker in Umeå.

When it comes to condominiums, there are more for sale than before.

- There are a number out there and the warehouse is larger than before, says Peter Lindeberg.

It is the Riksbank's rise in interest rates and inflation that is the reason for the slowdown.

More interest rate hikes are expected this autumn and many buyers are waiting.

For a homeowner with SEK 3 million in loans, an interest rate increase of 1.5 percent means almost SEK 45,000 more per year in the cost of housing.