View full page at forexfactory.com

 

Swedes Turn More Upbeat on Housing With Rate Cuts on Horizon

From bnnbloomberg.ca

Swedish households grew more optimistic on housing prices as the country’s central bank has signaled it may start reducing borrowing costs in the first half of this year. SEB AB’s housing price indicator for this month rose 6 points to 25, with 45% of respondents now expecting prices to rise compared with 20% who anticipate a decrease, according to a statement published Monday. The February print was the highest since April 2022. “After adjusting for seasonality, the beginning of the year was slightly weaker than the outright numbers suggest,” SEB economist Marcus Widen said. “However, real estate agents see turnover ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis