Overseas property news - Swedish house prices continue to rise

Swedish house prices continue to rise

Home prices in Sweden continue to improve with an average rise of 1% during the three months from June 2011 to August 2011 versus the previous quarter (March 2011 – May 2011).

Values are up 1% year-on-year too and the biggest increases in the June to August period were reported in Norrbotten County at 6%, followed by Västerbotten and Gävleborg counties by 3% each.

Greater Stockholm prices rose by just over 1%, and remained constant in Greater Gothenburg and Greater Malmö.

Kronoberg and Kalmar saw prices drop 4% each.

Source: OPP.org.uk

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