Sweden bubbles away: house prices surge
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House prices in Sweden surged by 8.57% during 2014, according to Statistics Sweden, probably due to rock-bottom interest rates and a shortage of housing supply. When adjusted for inflation house prices rose by 8.8% as compared to the previous year. House price growth this past year was much higher than the 3.90% rises seen in 2013 (3.83% in real terms), or the 2.28% house price rises in 2012 (2.21% in real terms).
During 2014:
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