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HOMES

There’s a growing number of apartments for sale in Sweden

The number of apartments for sale in Sweden is the highest since 2013 – but the capital bucks the trend.

There's a growing number of apartments for sale in Sweden
New homes being built in Stockholm. Photo: Fredrik Sandberg/TT

Last month there were 22,850 bostadsrätter (a type of housing cooperative which is one of the most common forms of ownership in Sweden) for sale, according to property site Hemnet.

That is an increase of four percent compared to October last year and a rise of a whopping 43 percent compared to the same month in 2016.

A record-high number of bostadsrätter were on the market in the regions Dalarna, Halland, Kronoberg, Västernorrland, Västmanland and Västra Götaland, said Hemnet.

But in Stockholm, the number of such homes for sale dropped six percent on last year.

“The housing market remains sluggish compared to a couple of years ago, but at the same time we have seen signs of it stabilizing since the situation was at its worst in December 2017,” said Hemnet spokesperson Staffan Tell in a press statement on Friday.

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ESSENTIAL SWEDEN

Banks, bills and mortgages: Essential articles for life in Sweden

Wondering which banks give mortgages to foreigners, or what happens if you are struggling to pay a bill? Essential Sweden this week answers those questions and more.

Banks, bills and mortgages: Essential articles for life in Sweden

Interest rates may soon drop, but there’s still hope if you’re finding it hard to pay your mortgage each month.

Which bank should you use if you’re a recent arrival to Sweden? We asked our readers for their tips: here’s what they said,

We hope you never find yourself in the situation that you’re unable to pay a bill in Sweden, but it’s good to know what happens if you do, just in case.

Owning a second home is relatively commonplace in Sweden, and they often sell for under a million kronor in more remote areas. But what should you take into account when considering a purchase?

People who arrived in Sweden as adults often need to top up their pension savings, and one way to do this is via investments. What are the different types of investing and how do they work?

Finally, if you’re planning on buying a home any time soon, it’s worth knowing which banks require you to have permanent residency in Sweden before you apply for a mortgage. 

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