Helped by peace and neutrality during all of the 20th century, Sweden has achieved an enviable standard of living under a mixed system of high-tech capitalism and extensive welfare benefits.
Swedish home prices now look significantly over-valued by 30-40%, as the ratio of house prices to disposable income indicates that house prices are at a relatively high level from a historical perspective
Sweden has a large number of newly built properties, with over 50% of apartment homes constructed since 1960, and the majority rented out. Freehold individual properties are primarily owner-occupied.
In 2011, house prices in Sweden have been rather stable, with a downward trend accelerating during 2012. Some specific tax measures favoring housing (such as a significant decrease in property taxation and deduction schemes for home improvement services) have also added to demand for owner-occupied housing. Rental regulation has had a similar effect.
Swedish home prices now look significantly over-valued by 30-40%, as the ratio of house prices to disposable income indicates that house prices are at a relatively high level from a historical perspective.
Foreign buyers in Sweden primarily come from other Scandinavian countries including Denmark, Finland and else. Although last year, the property market in Denmark crashed a little and it became cheaper to buy in Denmark than in Sweden, Danish buyers started moving back to Sweden.
Sweden doesn’t have the same buying system as in other European countries. Usually buyers do not use a lawyer or a notary; transaction responsibilities remain with the real estate broker.
Real Estate prices: comparing Sweden with UK, DK, US, ES
