Sweden – hope for the housing market?
This content is archived.
Sweden’s decade long house price boom ended in 2008. This was a year of residential price falls, a significant decline in property sales, and an over-all slowdown of construction activity.
The price-falls were not extreme, however - the average price of houses in Sweden (one- and two- dwelling buildings) fell 2.9% (-3.7% in real terms) in the year to end-Q1 2009, to an average price of SEK1,830,000 (€166,018), according to Statistics Sweden.
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