Homeowners are becoming increasingly optimistic about the development of house prices, a survey by the state-owned mortgage lender SBAB shows.
Nearly two out of three respondents – 63 per cent – expect prices to rise over the next year, according to the survey in which over 1,000 homeowners participated. Only 3 per cent believe prices will fall.
"The main reason for the price increase is cited as falling interest rates. At the same time, expectations are tempered. Of the 63 per cent who expect house prices to rise, 4 out of 5 believe prices will increase by a maximum of 5 per cent over the next year," SBAB writes in a press release.
The survey was conducted between 27 May and 4 June by the company Verian on behalf of SBAB. The respondents consisted of randomly recruited individuals from a nationally representative sample in terms of gender, age, and region, according to SBAB.
