Swedish household confidence in the housing market has weakened, with SEB’s housing price indicator dropping to 44 in August from 47 in July.
The decline reflects a growing share of households expecting falling home prices, shifting the balance away from those anticipating gains.
The survey, which measures the difference between the proportion of households expecting rising versus falling prices, indicates a softening in market sentiment.
As expectations cool, more borrowers are opting to fix their mortgage rates, seeking protection against potential volatility in the broader interest rate environment.
This shift in Swedish housing sentiment aligns with broader trends across Europe, where fixed mortgage rates have been declining.
In the United Kingdom, for instance, fixed rates have fallen at their quickest pace since October 2024, signaling a significant shift in housing finance markets.