usually one sees fewer trades on the housing market during the summer months. Photo: Tomas Oneborg
Recent figures from Swedish broker statistics show continued buoyancy in the housing market. Despite the amortization requirement for new housing from June 1, was labeled no clear touchdown in the housing market in July.
The most positive thing is that house prices continued to climb, and that the record-high prices per square meter of apartments in major cities remains at spring high levels .
– the market looks normal, but it is a little paler. It’s a little less digits after the repayment requirement but nothing dramatic, concludes Per-Arne Sandgren, Head of Research at Swedish Mäklarstatistik.
In both Stockholm in tariffs and greater Stockholm that kingdom excluding large cities, hills housing prices by 1 percent. The same declining trend of villa market, although Greater Malmö deviates slightly positive price trend also in July.
– The number of sales decreases during the summer and also this July was characterized by low turnover. The numbers sold villas and condominiums almost halved compared to, for example, in May, says Per-Arne Sandgren.
The prices of condominiums has remained slightly down in the Stockholm area while they are still in Gothenburg. Malmö area presents a mixed picture. Although the villas have a mixed picture with were small declines in Stockholm and Gothenburg, while they have risen slightly in Malmo.
The fact that in July was stable despite the repayment requirement, reflected by continued high prices per square meter in the cities. Housing market activity falls admittedly steep during the holiday month with only a third as many sales as usual in Stockholm.
To the average price ended at 88 500 per square meter in the city was still a sign of strength – the market was holding up a larger price drop .
No notable settlements appear either in the figures for the major metropolitan regions. In Greater Stockholm, the price level was 55,650 per square meter, in Greater Malmö 25,400 million and in Greater Gothenburg 42 300 crowns.
The average July prices for villas were in the kingdom of 2.2 million, Greater 4.2 million, Greater Malmö 3 , 2 million and Greater Gothenburg 3.6 million.
How well into August gives the already reported sales at the beginning of the month, a small premonition that in July the trend will keep in itself, even when the broker statistics released next time.
– If you look at spåkulan will see the preliminary pale, even for sales during August. We see no big changes but is trending slightly downward, says Per-Arne Sandgren.
But compare it twelve months back, those who own homes still bask in the large value increases. The price increases have indeed ceased why the annual growth of the gains gradually falling. In the realm costs a tenant, after all, 8 percent more and a villa 11 percent more than twelve months ago.
– The annual growth rate has declined on a broad front and condominiums is now below 10 percent in all metropolitan areas except Malmo . In central Stockholm level now dropped to 5 percent. House prices have generally increased slightly more but these have fallen to or below the 10-percent mark in metropolitan areas, says Per-Arne Sandgren.
According to a status report from Erik Olsson brokerage firm is when the major brokerage weekends in August-september as the market seriously put to the test after the repayment requirement:
“in addition to the supply increases dramatically now in August, many of those who managed to sell their home before amortization requirement introduced more pressure to sell when they try again. This could reduce the price level a little. Meanwhile, the situation a little less nervous when no major regulatory changes are imminent, “the brokerage in the comment.
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