Now think more on rising home prices again – Private Businesses

SEB’s home price indicator, which shows the difference between the percentage of households that believe in rising prices and the proportion who believe in falling prices, rose to 47 in August and 37 in July.

of the respondents believe 61 percent on rising prices in the coming year, compared with 57 percent last month, while 14 percent expect falling prices, compared with 20 percent the previous month.

of the households have fully or partially variable interest on their loans replies 4 percent said they intend to fix the interest rate in the following three months, compared with 3 percent last month.

– After two months of sharp declines we are seeing a significant rebound. Fluctuations illustrates the uncertainty that now exists in the housing market. There are signs of a slowdown, but at the same time are the fundamental price driving factors remain, such as low interest rates and a low supply in relation to demand. It is still too early to say which of these factors are most important, says SEB’s private economist Jens Magnusson.

When asked what households think about the level of the Riksbank’s repo rate in a year they respond average repo rate since located at minus 0.01 percent. This is lower than last month when expectations were at 0.04 percent.

– Households continue to gradually turn down their expectations for the repo rate. For the first time, we now see that households on average expect a repo rate in a year that is below zero. Possibly we start after 1.5 years less interest now to get used to the idea, says Jens Magnusson.

 Boprisindikatorn Aug July June 
  ==============  ================================================  
 Boprisindikatorn 47 37 49 
 Increase  61 57 63 
 decrease 14 20:14 
  ========================  ====================================== 

Photo: Boprisindikatorn