Swedish apartment prices rise

Swedish apartment prices rise
16/11/2016 , by , in INTERNATIONAL

Apartment prices in Sweden rose 6 percent year-on-year in October, figures from an association of Swedish real estate agents, Svensk Maklarstatistik, showed.

Prices of single-family homes rose 9 percent year-on-year, the association said in a statement.

On a sequential basis, both apartment prices and single-family home prices rose 1 percent month-on-month, the statistics showed.

A boom in Swedish home prices since the late 1990s has driven up household debt to among the highest levels in Europe, raising concerns among policy makers.

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