The number of households who believe in rising house prices hit right now top the record, this shows the home price indicator which SEB is presenting today.
– Household expectations on rising housing prices have never been higher. With last month’s rise passed the old record high in June 2007, says SEB’s private economist Jens Magnusson.
According to the report increased group that believes in rising prices by as much as 7 units of the indicator , it means a peak of 75 percent. But there are still some who believe in falling prices in the future, the group has declined by 2 points and now measures 8 percent. Other households believe that prices will remain unchanged.
– We look is currently a combination of low interest rates, low supply of housing and a relatively strong purchasing power of households. That combination apparently outweigh the household prognosis than the expected effects of amortization requirements, possible tax increases and promises of increased construction. At the same time, these expectations concern for those who are concerned about household debt will continue to increase. Possibly, the new figures expedite discussions on further policy measures to mitigate the debt developments, said Jens Magnusson.
Boprisindikatorn measure Household expectations of the repo rate. The majority believe that it will be at 0.42 percent a year.
– Household expectations on the repo rate one year is higher than both the Riksbank and market assessments. However, we see a gradual downward adjustment of expectations and the difference becomes smaller and smaller, says Jens Magnusson.
Slightly more than the previous month also plans to link his interest. Overall, 7 percent variable interest rates that they will bind their interest within three months.
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