The number of villa sales is even higher than during the pandemic years 2020 and 2021 when the moving trend was strong. The sale of apartments increased by 16 percent in July and villas by 13 percent.
Compared to last month, villa prices across the country rose by 0.5 percent, while apartment prices fell by 1.2 percent, according to Svensk Mäklarstatistik. However, prices are affected by relatively low activity during the summer months, even though more deals were made than usual.
Apartment prices are being pulled down because there are significantly fewer expensive deals, especially in Stockholm's inner city. Those who own or want to buy these properties have other things on their minds during the summer, says Hans Flink.
On an annual basis, however, apartment prices rose by 1.7 percent and villa prices by 1.2 percent.
Many new listings on the market in August
The major viewing weekends in August will be a good thermometer for how the housing market develops going forward, believes Fredrik Kullman, CEO of Bjurfors Sweden.
Directly after the summer holidays, there are many new home speculators who go to their first viewings, and it can show us how great the demand is during the autumn, he says.
Price increase until 2025
Fredrik Kullman believes that prices will be stagnant or rise slightly during the autumn. When the unusually large supply has been sold off and returned to more normal levels, prices can rise more broadly after the turn of the year.
In Stockholm's inner city, the supply has already begun to land on normal levels, and then there is reason to believe that it will spread to the rest of the country.
Interest rate cuts from the Swedish Central Bank will also help.
There is an enormous pent-up need to move, but it's all about interest rate expectations right now, says Fredrik Kullman.
