CORRECTED-Swedish apartment prices up 1% Dec-Feb - Maklarstatistik

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Removes percentage figure in first paragraph to make clear single-family home prices were unchanged sequentially) STOCKHOLM, March 8 (Reuters) - The price of apartments in Sweden rose by 1% in the three month period between December and February compared to the previous three months, while single-family homes remained unchanged, figures from an association of real estate agents showed on Wednesday. The price of apartments were down by 11% compared with the same period a year earlier, while single-family homes declined by 13%. Swedish house prices started to fall last year after the central bank abruptly began hiking rates after almost eight years of zero or negative interest rates.


(Reporting by Johan Ahlander; editing by Niklas Pollard)

Messaging: johan.ahlander.reuters.com@reuters.net))
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