Dec
12
Sweden’s Housing Market Headed for ‘Soft Landing,’ Minister Says
BySweden’s finance minister says the biggest Nordic economy is strong enough to avoid an all-out rout in the nation’s housing market.
The recent decline in prices is “sensible” after years of a housing boom, Magdalena Andersson said in an interview after a press conference in Stockholm.
“Much points to a soft landing,” she said. The economy is “doing well,” there’s real income growth, low rates and “large demand” for housing in Sweden, she said…
Sweden’s Housing Market Headed for ‘Soft Landing,’ Minister Says
