Visits to construction sites in Sweden

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07.06.2018

Sweden is one of the few countries where the financial crisis of 2008-2009 did not lead to a fall in property prices. The price increase, which slowed for a while, accelerated as soon as central banks began to lower the interest rate. Compared with the indicators of ten years ago, the housing price index compiled by the statistical service of Eurostat grew by an average of only 6% in the EU countries, and in Sweden by almost 75%. In such large cities as Stockholm, housing has become more expensive at an even faster pace. The portfolio of housing loans issued to households has more than doubled over the period under review, amounting to over 3 trillion Swedish kroons today.