There is no shortage of warning signs that Sweden’s housing market could be going from red-hot to icy cool.
At the most basic level, it is all about supply and demand. The number of flats up for sale just hit a nine-year high, but the flood has not been followed by a gain in purchases.
There is also a massive increase in construction. Apartment starts jumped to 15,700 in the second quarter, the highest level since at least 1996. Total starts (multi-dwelling buildings and one- or two-…
Source : South China Morning Post
Read more…Warning signs mounting for Sweden’s once-hot housing market















