The number of homes sold continues to increase according to new figures from Swedish Real Estate Statistics, with the sale of villas being particularly notable.
At the same time, condominium prices are stagnant and house prices are falling for the fifth month in a row.
– It seems to be both the buyer’s and the seller’s housing market, says Hans Flink, business development manager at Swedish Real Estate Statistics.
In the last three months, 48,000 homes have been sold, an increase of 19 percent compared to the same period last year when 40,300 homes were sold. According to Hans Flink, house sales are now back at the same levels as during the pandemic year 2021.
– What stands out especially is that the number of villas sold in the last five months is at levels similar to 2021, when we had a record number of villas sold, he says.
Interest rate cuts attract buyers
According to Hans Flink, the expected interest rate cuts are signals that sellers and buyers find each other more and more often in the housing market.
– You might see the light in the darkness and feel that you can afford to buy that villa, he says.
At the same time, new statistics from the housing site Hemnet show that more and more people believe in rising housing prices – 54 percent expect an increase in the next six months. Hans Flink believes that there is reason to believe in that forecast.
– They still have a pretty good feeling, he says.