Property News · November 28, 2017

Sweden’s housing market could be set for 10pc slump, S&P warns


Sweden’s housing market could lose a tenth of its value after reaching tipping point this summer, according to S&P Global Ratings.
The property market in the largest Scandinavian economy is “undergoing a transformation amid increased supply and the impact of new amortisation requirements”, S&P credit analyst Sean Cotten said in a note.
“We project prices could fall by 7-10 per cent from their August peak before stabilising in 2018.”
Fears that Sweden’…

Source : South China Morning Post
Read more…Sweden’s housing market could be set for 10pc slump, S&P warns

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