Swedes expect falling real estate prices
TT/Claudia Rodas · 11 Aug 2008, 12:08
Published: 11 Aug 2008 12:08 GMT+02:00
Only 32 percent of households believe that real estate prices will rise in the next year, compared to 36 percent last month.
At the same time, SEB's index shows that households are counting on the Swedish Central Bank's interest rate staying at 4.9 percent for the next year year, a little higher than the last index report by SEB.
Today's interest rate is at 4.5 percent. SEB's index report is based on 1,000 interviews.