The property market in Sweden has shown a promising start to 2023, with notable price increases in various regions as per statistics from SBAB and Booli. Apartment prices experienced a significant rise in Greater Malmo (4%), while Central Sweden and Greater Gothenburg also saw increases. Conversely, the detached housing market displayed mixed results, with northern Sweden leading increases in this segment. However, the three largest cities in the country reported declines in house prices, suggesting a varied market landscape. SBAB's chief economist urges caution regarding interpreting these regional differences and month-to-month fluctuations.
According to SBAB's chief economist Robert Boije, January price rises for detached homes, although expected, show surprising strength this year.
In Greater Malmo, apartment prices rose by 4% in January, outperforming other regions like Central Sweden and Greater Gothenburg.
The overall property market is showing strong early signs in January, although regional price variances indicate mixed conditions across Sweden.
Despite a strong start to the year, the three largest cities reported declines in house prices, raising concerns about regional disparities.
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