Sweden: Amortization Requirements fires in the housing market – Broker Panel
2015-04-10 07:09
(SIX) demand on the Swedish housing market is very strong and there is a clear advantage for sellers in the housing market. A reason why the market is hot is said to be that many want to buy home before amortization requirement is introduced. It appears from the Real Estate Brokerage Agency's latest panel where 475 of the company's brokers around the country participated. A majority of brokers believe while not new amortization requirements will affect the prices of the entry into force. In contrast, an increase in lock-in effect and higher thresholds for first-time buyers. "Several factors contribute to the strong demand. Low interest and homelessness are two fundamental reasons. The introduction of amortization requirements also contribute. Many would like to implement its mortgage transactions before the new rules take effect, which is probably August 1st. It leads to strong demand, high speed and rising prices, "says Lars-Erik Nykvist, CEO of Fastighetsbyrån. Erik Palmung +46 31 350 64 86 mailto: erik.palmung@six-group.se www.blogg.six.seSIXNews SIX News
No comments:
Post a Comment