Dec
11
Sweden Braces Itself for Property Market’s ‘November Noir’
By-
Data due on Thursday is expected to confirm another price drop
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Market reversal spooks home owners but Riksbank less concerned
Anyone with a stake in Sweden’s property market should make space for Thursday in their calendar. That’s when they’ll get fresh clues as to whether they are facing a temporary blip or the start of a full-blown crash.
Svensk Maklarstatistik AB and Valueguard will both publish housing price data for November on December 14. There are indications that the monthly drop will be as big — if not bigger — than October’s, when prices fell 3 percent, the steepest decline since the global financial crisis of 2008…
Sweden Braces Itself for Property Market’s ‘November Noir’
