Housing Index in Sweden decreased to 936 points in the first quarter of 2025 from 937 points in the fourth quarter of 2024. This dataset provides - Sweden House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

House prices decreased in all Swedish counties in 2023. The highest average purchase price for one- and two-residential property buildings in Sweden was in Stockholm, where the average price amounted to 6.7 million Swedish kroner in 2023, approximately twice the nation average house price. The lowest average purchase price that year was in Västernorrland, which was around 1.7 million Swedish kroner.

Graph and download economic data for Residential Property Prices for Sweden (QSEN628BIS) from Q1 1970 to Q4 2024 about Sweden, residential, HPI, housing, price index, indexes, and price.

Key information about House Prices Growth

• Sweden house prices grew 2.6% YoY in Dec 2024, following an increase of 1.5% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1987 to Dec 2024, with an average growth rate of 7.1%.
• House price data reached an all-time high of 20.8% in Jun 1989 and a record low of -15.3% in Dec 1992.

CEIC calculates House Prices Growth from quarterly Real Estate Price Index. Statistics Sweden provides Real Estate Price Index with base 1981=100. House Prices Growth covers 1 or 2 dwelling buildings for permanent living only.

House Price Index YoY in Sweden decreased to 2 percent in May from 3 percent in April of 2025. This dataset includes a chart with historical data for Sweden House Price Index YoY.

The real estate prices in Sweden increased significantly between 2008 and 2023. In 2023, the price index reached 455, with 1990 as base year. This was the first decrease in house prices since 2012. Despite the decline, prices in 2023 were still notably higher than before the COVID-19 pandemic. One of the reasons was the slowdown in construction, which hampered the supply of new homes. Rented dwellings are popular among Swedes Sweden is one of the countries in Europe with the most renters among the population. Only about 64 percent of people lived in an owner-occupied home in 2022. Only a few countries, such as France, Denmark, Germany, and Austria, had lower homeownership rates. How many rooms do Europeans have at home? As of 2021, the European countries which had been reported to have the highest number of rooms per person were Ireland and Malta, with 2.3 rooms per person on average. Sweden ranked fifteenth on the list, where the average number of rooms per person was 1.9.

Residential Property Prices in Sweden increased 2.36 percent in December of 2024 over the same month in the previous year. This dataset includes a chart with historical data for Sweden Residential Property Prices.

The house price to income ratio in Sweden in the first quarter of 2024 has declined notably since its peak in 2022. The house price to income ratio is calculated by dividing nominal house prices by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. Sweden's index score in the first quarter of 2024 amounted to 96.5, which means that income growth has outpaced house price growth by 3.5 percent since 2015. This was lower than the average house price to income reatio in the Euro area 16.

House Price Index MoM in Sweden increased to 0 percent in May from -1 percent in April of 2025. This dataset includes a chart with historical data for Sweden House Price Index MoM.

In the first quarter of 2024, the house price index in Sweden stood at 130.3 index points. In the documented period, the second quarter of 2022 had the highest housing price index points with 142.86 points.

Stockholm was the city with the most expensive apartments in Sweden in 2024. An apartment in Stockholm cost approximately 7,700 euros per square meter as of the first quarter of the year, while in Gothenburg, the average price was roughly 4,700 euros per square meter. Malmö was most affordable, with an average price of 2,750 euros per square meter. In Sweden, about 65 percent of the population lives in an owner-occupied home. How do prices in Sweden compare to the rest of Europe? The Swedish capital ranked among the 10 most expensive cities in Europe for buying an apartment in 2024. Becoming the owner of an apartment in Stockholm was slightly more affordable than in Amsterdam, but slightly more expensive than in Innsbruck, Frankfurt and Oslo. Is housing in Sweden affordable? The growth of house prices in Sweden slowed down in 2022, allowing incomes to catch up and affordability, as measured by the house price-to-income ratio, to improve. Generally, Sweden has a better housing affordability than most OECD countries that report the indicator.

Sweden - House price index (2015 = 100) was 0.30 % year-on-year in September of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Sweden - House price index (2015 = 100) - last updated from the EUROSTAT on June of 2025. Historically, Sweden - House price index (2015 = 100) reached a record high of 11.30 % year-on-year in September of 2021 and a record low of -6.90 % year-on-year in March of 2023.

House price index in Sweden, December, 2024 The most recent value is 179.34 index points as of Q4 2024, a decline compared to the previous value of 179.81 index points. Historically, the average for Sweden from Q1 1990 to Q4 2024 is 92.68 index points. The minimum of 31.94 index points was recorded in Q3 1993, while the maximum of 193.14 index points was reached in Q2 2022. | TheGlobalEconomy.com

The average purchase price for one- and two-dwelling houses in Sweden declined in 2023, after a 20-year period of uninterrupted growth. In 2023, the average house price amounted to approximately 3.6 million Swedish kroner, a decline from 3.9 million Swedish kroner, but an increase from less than a million Swedish kroner since 2000. Nationwide, Stockholm was the Swedish county with the highest house prices.

The Swedish real estate market, specifically within the luxury segment encompassing apartments, condominiums, landed houses, and villas, exhibits robust growth potential. Driven by a strong economy, increasing high-net-worth individuals, and a limited supply of premium properties, particularly in key cities like Stockholm and Malmö, the market is experiencing a Compound Annual Growth Rate (CAGR) exceeding 4%. This growth is further fueled by a rising interest in sustainable and technologically advanced properties, a trend observed globally but particularly pronounced in environmentally conscious Sweden. The market segments show varied performance, with the Stockholm market consistently outperforming other cities due to its concentration of high-income earners and limited land availability. While increasing interest rates and potential economic slowdown pose some restraint, the underlying demand for luxury properties remains strong, suggesting continued market expansion in the forecast period (2025-2033). Key players like Sotheby's International Realty and Fantastic Frank are well-positioned to capitalize on this growth, although competition is intensifying with the emergence of new entrants and online platforms. The forecast suggests continued expansion, with the market size projected to increase steadily throughout the forecast period. However, the market's performance will likely be influenced by macroeconomic factors such as inflation, interest rate fluctuations, and overall economic stability. Furthermore, government policies related to housing and taxation could play a significant role in shaping market dynamics. Understanding these nuances is crucial for investors and stakeholders looking to navigate the complexities of the Swedish luxury real estate market. The relatively small size of the market compared to global giants presents both an opportunity for niche players and a potential limitation for significant market share gains. Focused marketing and a deep understanding of the preferences of high-net-worth buyers in Sweden are key factors determining success in this sector. This insightful report provides a detailed analysis of the Swedish real estate market, offering a comprehensive overview of its current state and future trajectory. Covering the period from 2019 to 2033, with a focus on 2025, this report is essential for investors, developers, and anyone seeking to understand the dynamics of this dynamic market. It delves into key market segments, including apartments, condominiums, landed houses, and villas, across major cities like Stockholm and Malmö, providing invaluable insights for strategic decision-making. Keywords: Sweden real estate market, Swedish property market, Stockholm real estate, Malmö real estate, Swedish housing market, real estate investment Sweden, Swedish property prices, Swedish real estate trends. Key drivers for this market are: Urbanization and population growth, Government policies and Foreign Investnents. Potential restraints include: Skilled Labor Shortage, Material Price Fluctuations. Notable trends are: Rise in Construction of New Dwellings Driving the Market.

In 2023, the Sweden Real Estate Market reached a value of USD 143.1 million, and it is projected to surge to USD 250.0 million by 2030.

House prices in Sweden climbed rapidly in 2021 but according to the forecast, this trend is going to reverse in the next two years. In 2023, house prices are expected to fall by 13 percent, followed by a 1.5 percent increase in 2024. Stockholm is Sweden's most expensive city for residential real estate, with the average square meter price for an apartment at almost 8,000 euros in 2022.

Sweden - House price index, deflated was -2.00% in September of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Sweden - House price index, deflated - last updated from the EUROSTAT on June of 2025. Historically, Sweden - House price index, deflated reached a record high of 13.60% in September of 2007 and a record low of -14.60% in March of 2023.

Sweden Real Estate Price Index: Buildings: SS: Stockholm County data was reported at 1,289.000 1981=100 in 2017. This records an increase from the previous number of 1,159.000 1981=100 for 2016. Sweden Real Estate Price Index: Buildings: SS: Stockholm County data is updated yearly, averaging 268.000 1981=100 from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 1,289.000 1981=100 in 2017 and a record low of 50.000 1981=100 in 1975. Sweden Real Estate Price Index: Buildings: SS: Stockholm County data remains active status in CEIC and is reported by Statistics Sweden. The data is categorized under Global Database’s Sweden – Table SE.EB006: Real Estate Price Index: 1981=100: Annual.

The report covers Sweden Prefabricated Houses Manufacturers and the market is Segmented by Material Type (Concrete, Glass, Metal, Timber, and Other Material Types) and Application (Residential, Commercial, and Other Applications (Industrial, Institutional, and Infrastructure). The Report Offers the Market Sizes and Forecasts for Sweden's Prefabricated Housing Market in Value (USD) for all the Above Segments.