The proportion of households that believe in rising housing prices in the coming year decreases from 60 percent to 55 percent, a decrease of 5 units from last month, according to SEB's housing price indicator.
"Households are adjusting their housing price expectations downwards for the second month in a row. After a long period of growing optimism, there is now a clear correction of expectations, which tends to occur at similar upswings. With more interest rate cuts around the corner, it still speaks in favor of the housing market getting new life in the autumn," says SEB's private economist Américo Fernández in a press release.
12 percent of households believe in falling prices, an increase of 3 units. The proportion that believes in unchanged prices increases by 1 unit to 21 percent.
Households that plan to fix their variable mortgage rates within the coming three-month period increase by 5 units from the previous month to 12 percent.
