In recent months, Swedish housing prices had slowed down, but now the statistics for June show that there is a fall in prices, he states.
The national averages for June show that villas have fallen by 1 per cent and 3 per cent for condominiums - inflation and last week's interest rate increases affect both ownership groups.
- Inflation includes both electricity and heating, and other costs that increase for homeowners, such as water and sewerage costs and waste collection, says Per-Arne Sandegren to TT.
Tenant owners incur higher costs in cases where the association raises its fees.
Five years ago similar decline
Not since the second half of 2017 has a similar decline been as clear, according to Per-Arne Sandegren.
-It was in connection with the amortization requirement that was introduced then.
The figures produced by Swedish Brokerage Statistics also show that the number of transactions is significantly lower than before.
-It is a clear sign that buyers and sellers have different expectations.
Buyers turn a deaf ear when it's uncertain, says Per-Arne Sandegren.
Seen from a longer time perspective, the loss is less significant.
-Even if prices were to fall 10 percent, prices have still risen compared to how it was two and a half years ago, says Per-Arne Sandegren.