Bubble warning - Sweden prices keep rising!

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The upward trend continues in Sweden, with house prices up 8.91% during the year to end-Q2 2010. Stockholm County experienced the most pronounced  increase at 11.91%, followed by Greater Stockholm where prices rose 11.73%, according to Statistics Sweden.

Swedish house prices stumbled during the crisis, with a 5% y-o-y fall to Q1 2009.  The rebound became visible with a modest increase of 0.20% (y-o-y) in Q2 2009. House prices have been rising strongly since then.

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