After growing by about 10 percent in 2921, Sweden's house prices started to decrease in the second half of 2022. The correction was the strongest in the final quarter of the year. As of the third quarter of 2023, the year-on-year decline was 2.93 percent. When accounting for inflation, the decrease was even higher, at eight percent.
Percentage change on previous year of residential property prices in Sweden from 1st quarter 2001 to 3rd quarter 2023
Characteristic
Nominal change
Inflation-adjusted change
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Bank for International Settlements. (April 24, 2024). Percentage change on previous year of residential property prices in Sweden from 1st quarter 2001 to 3rd quarter 2023 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1154881/annual-house-price-change-in-sweden/
Bank for International Settlements. "Percentage change on previous year of residential property prices in Sweden from 1st quarter 2001 to 3rd quarter 2023." Chart. April 24, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1154881/annual-house-price-change-in-sweden/
Bank for International Settlements. (2024). Percentage change on previous year of residential property prices in Sweden from 1st quarter 2001 to 3rd quarter 2023. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1154881/annual-house-price-change-in-sweden/
Bank for International Settlements. "Percentage Change on Previous Year of Residential Property Prices in Sweden from 1st Quarter 2001 to 3rd Quarter 2023." Statista, Statista Inc., 24 Apr 2024, https://www.statista.com/statistics/1154881/annual-house-price-change-in-sweden/
Bank for International Settlements, Percentage change on previous year of residential property prices in Sweden from 1st quarter 2001 to 3rd quarter 2023 Statista, https://www.statista.com/statistics/1154881/annual-house-price-change-in-sweden/ (last visited July 22, 2024)
Percentage change on previous year of residential property prices in Sweden from 1st quarter 2001 to 3rd quarter 2023 [Graph], Bank for International Settlements, April 24, 2024. [Online]. Available: https://www.statista.com/statistics/1154881/annual-house-price-change-in-sweden/