Swedish Households See Rising Prices Amid Record Listings in June 2025
Swedish households expect rising house prices amid record inventory.
Key Points
- • 49% of households expect rising housing prices, up 2 percentage points from last month.
- • Over 80,000 homes listed for sale, a 14% increase from last year.
- • Longer selling times are increasing inventory amid hesitant buyer sentiment.
- • Västerbotten reports a 45% increase in listings due to economic uncertainties.
In June 2025, Swedish households are showing increasing expectations for rising housing prices, amidst a backdrop of record-high inventory in the housing market. According to SEB's latest housing price indicator, 49% of households expect home prices to rise over the next year, marking a slight increase of 2 percentage points from the previous month. Conversely, the percentage of households anticipating price declines has also grown, now at 14%, which is up by 1 percentage point. Those expecting prices to remain stable has decreased to 26%, down by 1 percentage point from last month.
Américo Fernández, a private economist at SEB, observed that despite a pervasive sense of economic pessimism, housing price expectations are surprisingly stabilizing. “Historically, housing price expectations tend to follow economic signals, but this time an imbalance has been created,” Fernández noted. The overall housing price indicator has also seen an uptick from 34 to 35 in June, indicating cautious optimism among households about future price trends.
Simultaneously, the Swedish housing market is grappling with a historic surge in the number of homes for sale, with over 80,000 listings recorded in May 2025. This represents a 14% increase compared to the same period last year, as reported by property website Hemnet. Erik Holmberg, a market analyst at Hemnet, linked this increase to prolonged selling times, resulting in an excess of inventory. Sellers are facing longer wait periods as buyer sentiment remains hesitant, contributing to the increasing supply of homes available on the market.
Particularly, the Västerbotten region has reported the sharpest rise in listings, reaching a staggering 45% increase attributed to economic uncertainties surrounding the Northvolt factory operations in Skellefteå. This has led to concerns about the region's housing demand and overall economic stability.
In conclusion, as June progresses, Swedish households are navigating a complex housing landscape marked by rising price expectations despite a record number of homes available for sale. The interplay of these factors will undoubtedly shape the market dynamics in the coming months.