Swedes expect falling real estate prices
TT/Claudia Rodas - [email protected]
Published: 11 Aug, 2008 CET.
Updated: Mon 11 Aug 2008 12:08 CET
A majority of Swedes believe that real estate prices are set to fall or remain static, according to a real estate price index report by the Skandinaviska Enskilda Bank (SEB).
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.
Comments
See Also
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.
Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.
Please log in here to leave a comment.