The percentage of households that believe in rising housing prices in the coming year is 35 percent, which is a decrease of 6 percentage points compared to last month.
At the same time, the percentage of households that believe in falling prices increases from 26 percent to 29 percent.
Households believe that the interest rate will be 3.99 percent in a year’s time. It is a slightly lower expected interest rate compared to what households stated the previous month.
“For a long time, house price expectations have defied the economic development, but finally the expected downturn came. This month, the economic reality and a chilly reception of the big exhibition weekend seem to have caused households to dampen their faith in the future somewhat. This autumn, an interest rate peak, fluctuating electricity prices and continued eroded wallets, which collectively speaks for a subdued but also uncertain housing price development,” writes SEB’s private economist Américo Fernández in a press release.