Sweden’s home prices dropped 12.7% year-on-year in December 2022, following an 11.6% fall in the previous month and marking its seventh straight month of downturn in house prices. It was the largest decrease since at least 2006, as soaring inflation and higher borrowing costs weighed on demand. source: Valueguard
House Price Index YoY in Sweden averaged 6.07 percent from 2006 until 2022, reaching an all time high of 18.90 percent in April of 2021 and a record low of -12.70 percent in December of 2022. This page includes a chart with historical data for Sweden House Price Index YoY. Sweden House Price Index YoY - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.
House Price Index YoY in Sweden is expected to be -14.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden House Price Index YoY is projected to trend around -0.60 percent in 2024 and 1.80 percent in 2025, according to our econometric models.