Swedish household net worth continues pointing almost straight up – last year increased net assets by approximately 16 percent. And with new data fetched now listed new record levels.
During the fourth quarter landed the net worth of 12 187 billion, and gross assets of 15, 000 billion.
Household new savings amounted to SEK 65 billion During the fourth quarter, of which the premium deposit accounted for the largest share, 36 billion.
But at the same time is also continuing debt to increase. In addition, the growth rate of the increase in debt has risen – at an annual rate stood at 5.6 percent in the fourth quarter, compared with 4.6 percent in the fourth quarter of 2013.
– It is mainly the rise in housing prices that drive development which in some parts is worrying. Meanwhile, the debt as a proportion of assets to reduce and in the longer term, the debt growth rate is quite low, says SEB’s private economist Jens Magnusson.
The debt ratio, household debt relative to assets, fell to 21.1 percent in fourth quarter.
Earlier this month , SEB presented also their housing price indicator, which shows the difference between the proportion of households who believe in rising prices and the proportion who believe in falling prices. That figure rose to a record high of 68 in March from 66 in February.
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