Monday, February 8, 2016

More believe that house prices will increase again – Private Businesses

After falling for four consecutive months now rising Boprisindikatorn, which is SEB’s monthly survey of expectations on housing prices. In addition to showing how households see the price trend in the housing market reported Boprisindikatorn also expectations on interest rates.

While more people believe that prices will rise, it is also fewer who believe in falling prices. The overall effect is that the respondents clearly believe in price increases.

Households believe that the repo rate is rising and is at 0.15 per cent a year, which has not significantly affected the perception of their own loans. Only 5 percent plan to fix their loans, which is the same proportion as a month ago.

– The uncertainty in the housing market is large, which is reflected in boprisindikatorn. It is too early to say if the trend towards lower expectations now are broken or if there is a temporary rebound, says SEB’s private economist Jens Magnusson.

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