House prices ‘are cooling off’

House prices have begun to level off and real estate agents no longer believe prices will continue to increase as they have been in recent quarters, according to a report done by state-owned loan company SBAB released on Monday.

Prices continued to rise during the second quarter, said the 200 real estate agents from around Sweden questioned for the survey, but were the smallest increases seen since the poll was started during the first quarter of 2005.

House prices cooled the most in Stockholm and Gothenburg, said SBAB.

Homepage photo: S Mezzanotte/ Copyright: Stockholm Visitors Board/ www.imagebank.sweden.se

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