A large majority of households believe the continued rise in home prices, according to SEB’s home price indicator.
70 percent of the surveyed households believe that housing prices will continue to rise over the next year, according to the bank SEB boprisindiaktor. There is a slight decrease from last month, when the figure was 71 percent. The proportion who believe in falling prices has increased from 7 to 8 percent in the last survey.
– There is a large majority who believe in continued price increases. The big boost came already last month and the Riksbank’s big rate cut thus were not boprisindikatorn to lift further, says SEB’s private economist Jens Magnusson in a comment.
– One possible explanation is that interest rates are already so low that households do not believe that further reductions of any great importance. It may also be that they expect interest rate cuts will be balanced by measures aimed at reducing household debt, says Jens Magnusson.
The number of households that plan to fix the interest rate on the loan is continued small but increasing from last month’s 2 percent to 4 percent.
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