After having stayed in a few months, the prices of housing again started to rise. The largest is the rise in Gothenburg and the explanation is quite simple.
After several years of price increase of housing prices in recent months has stood still. But now the housing market moving again. Particularly evident is the increase in prices of houses, it shows measurements from Swedish Mäklarstatistik. The fresh data show that housing prices are increasing in the country, but the price increase is the largest in Gothenburg. Here, both villas and condominiums become more expensive. Both an apartment and a villa in Greater Gothenburg will cost an average of two percent more than the previous month. The average price per square meter in central Gothenburg was in February at 54,477 crowns.
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– in general, one can say that housing rights in Gothenburg went up sharply last year and what we saw before year-end, the prices leveled out a little bit, we have now had a few months on a plateau. What we see now is that Gothenburg is up most clearly of all three metropolitan regions, both at the villas and condominiums, both in the inner city and in Greater Gothenburg, says Per-Arne Sandgren, Head of Research at Swedish Mäklarstatistik.
at the same time, there have been in more apartments and villas on the market compared with the same period last year. In February, the Swedish brokerage statistical numbers on the 3700 house sales, an increase of 15 percent compared to a year ago, although the number of condominiums for sale has increased, which is 19 percent more than a year ago. Although interest in buying, but also just to see what’s on the market, has increased.
– We also see that interest in housing in terms of number of visitors to Hemnet continues to increase. So far this year the number of unique visitors increased by 4 percent compared with the year before, says Staffan Tell, press officer at Hemnet.
The price increase is the largest in Gothenburg has several explanations. Here are the lack of housing biggest, and thus also the demand. But factors such as low interest rates come into play.
– Although last year was in Gothenburg prices increased the most. It’s historically low interest rates, high occupancy, low supply, high demand and low new construction. In addition, it may be because the rental market is not functioning properly, says Per-Arne Sandgren.
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If you look at some trends that prices will stay in?
– When we did the comparison with the same period last year, it had taken off a little earlier than it has done now. Therefore, we began to wonder if we may have reached a plateau in the end, now that prices have gone up so much, but the plateau is not here and now, says Per-Arne Sandgren.
Gothenburg’s most expensive apartment right now is a femvåningslägenhet with its own elevator in Vasastaden, with the starting price of 19.75 million crowns. Vasastaden, along with Lorensbergsteatern and Linnaeus the most popular and expensive areas, it says Magnus Helin, realtors on Skeppsholmen Sotheby’s.
– It depends on what is the type of items, prices may soar upward, sometimes 80 of 0,000 per square meter. But looking at the overall average prices of condominiums in the three areas is roughly equivalent between 55 000 and 65 000 per square meter. The smaller apartment, the higher the price per square meter, says Magnus Helin.
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