Tough Riksbank mortgage curbs slow Swedish property bubble, despite easy money
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Sweden’s house price rises are decelerating, thanks to the introduction of new amortization requirements in June 2016, the result of concerns by the Swedish central bank (the SverigesRiksbank) about Sweden´s property bubble.
The nationwide house price index surged 8.7% (7.55% inflation-adjusted) during the year to end-Q3 2016, a slowdown from annual rises of 8.85% in Q2 2016, 10.47% in Q1 2016, 12.5% in Q4 2015, according to Statistics Sweden. House prices increased 3.42% (3.23% inflation-adjusted) in Q3 2016.
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