Increasing house prices

Real estate prices for one- or two-dwelling buildings increased by 1 percent between the first and second quarter of 2012. Prices decreased by 3 percent on an annual basis during the second quarter 2012 compared with the same quarter one year earlier.

There is currently a substantial delay at the land registration authority (Lantmäteriet), and therefore the statistics are shifted one month in relation to ordinary statistics. The last period therefore relates to April – June instead of May – July.

Increasing prices were reported in 12 out of 21 counties between the last two quarters, while decreasing prices was reported in 5 counties. The largest increase in real estate prices was reported in Gotland and Västerbotten County by 8 percent, while the largest decrease was found in Blekinge County by 5 percent. In the metropolitan areas Greater Malmö, Greater Stockholm and Greater Gothenburg prices varied between minus 3 percent and plus 1 percent.

House prices decreased on an annual basis in 12 out of 21 counties. The largest drop in prices was reported in Blekinge County by 12 percent, followed by Skåne County by 6 percent. The largest increase in house prices was reported in Gotland and Västerbotten County by 5 percent. In all of the metropolitan areas prices decreased between 3 and 8 percent.

During the past year, month by month, the percentage price change fluctuates around zero. The average real estate price for one- or two-dwelling building during the second quarter of 2012 was SEK 2 million.

Real estate price statistics for one- or two-dwelling buildings by month, whole country

Month	Number of purchases	Average price in SEK 1000	Average assessed value in SEK 1000	Purchase price coefficient (K/T)	Change in percent since previous month
1106	5 263	2 096	1 340	1.59
1107	5 305	2 039	1 298	1.61	+1
1108	5 449	2 107	1 347	1.60	‑1
1109	6 066	1 989	1 279	1.59	0
1110	4 033	1 898	1 245	1.56	‑2
1111	4 492	1 966	1 308	1.54	‑2
1112	4 732	2 080	1 382	1.54	0
1201	3 126	2 239	1 472	1.55	+1
1202	3 065	2 076	1 387	1.51	‑3
1203	3 701	2 024	1 353	1.52	+1
1204	3 219	1 977	1 311	1.54	+1
1205	3 047	2 017	1 342	1.54	0
1206^[1]	1 337	2 078	1 356	1.58	+3

[1] Preliminary figures.

Development of prices during recent years based on the purchase price coefficient

Real estate price statistics for the months April through June 2012 compared to the previous three months (January through March 2012) and the corresponding period last year (April through June 2011)

	Number of purchases latest period	Average price latest period (SEK 1000)	K/T latest period	K/T previous period	K/T previous year	Change in percent since previous period	Change in percent since previous year
County
Stockholm	1 313	3 684	1.50	1.50	1.55	0	-3
Uppsala	276	2 124	1.59	1.56	1.62	+2	-2
Södermanland	268	1 695	1.43	1.40	1.50	+2	-4
Östergötland	309	1 855	1.58	1.51	1.58	+5	0
Jönköping	279	1 373	1.53	1.52	1.58	+1	-3
Kronoberg	129	1 164	1.49	1.52	1.55	-2	-4
Kalmar	236	1 223	1.68	1.58	1.68	+7	0
Gotland	57	1 919	1.69	1.56	1.61	+8	+5
Blekinge	138	1 180	1.43	1.50	1.62	-5	-12
Skåne	991	2 101	1.44	1.47	1.54	-2	-6
Halland	315	2 213	1.51	1.53	1.58	-2	-4
Västra Götaland	1 177	2 099	1.52	1.53	1.60	-1	-5
Värmland	308	1 067	1.51	1.51	1.56	0	-3
Örebro	261	1 277	1.58	1.54	1.54	+2	+2
Västmanland	287	1 582	1.43	1.42	1.51	+1	-5
Dalarna	379	1 159	1.73	1.67	1.72	+4	+1
Gävleborg	179	1 058	1.60	1.57	1.61	+2	0
Västernorrland	135	976	1.70	1.59	1.67	+7	+2
Jämtland	66	1 100	1.68	1.68	1.74	0	-4
Västerbotten	232	1 194	1.78	1.64	1.70	+8	+5
Norrbotten	268	1 001	1.77	1.76	1.74	0	+1
Metropolitan areas
Greater Stockholm	1 313	3 684	1.50	1.50	1.55	0	-3
Greater Gothenburg	633	3 012	1.55	1.53	1.59	+1	-3
Greater Malmö	427	2 645	1.38	1.42	1.50	-3	-8
The whole country	7 603	2 011	1.54	1.53	1.59	+1	-3

Real estate price statistics for larger municipalities

Code	Municipality	Number of purchases latest period	Average price latest period (SEK 1000)	K/T latest period	K/T previous period	K/T previous year	Change in percent since previous period	Change in percent since previous year
0123	Järfälla	71	3 155	1.45	1.52	1.48	-4	-2
0126	Huddinge	111	3 227	1.52	1.48	1.59	+3	-4
0127	Botkyrka	59	2 675	1.52	1.50	1.48	+1	+2
0136	Haninge	51	2 809	1.42	1.48	1.49	-4	-5
0160	Täby	108	4 569	1.49	1.44	1.53	+4	-3
0163	Sollentuna	52	4 361	1.51	1.51	1.54	0	-2
0180	Stockholm	220	4 334	1.49	1.51	1.56	-2	-4
0181	Södertälje	48	2 367	1.44	1.44	1.56	+1	-7
0182	Nacka	72	5 256	1.59	1.56	1.63	+2	-2
0188	Norrtälje	55	1 860	1.49	1.54	1.61	-3	-8
0380	Uppsala	93	3 060	1.72	1.63	1.63	+5	+5
0480	Nyköping	63	1 971	1.37	1.36	1.43	+1	-4
0484	Eskilstuna	62	1 759	1.51	1.44	1.51	+5	0
0580	Linköping	88	2 438	1.55	1.54	1.60	+1	-3
0581	Norrköping	91	2 101	1.60	1.59	1.61	0	-1
0680	Jönköping	91	2 055	1.64	1.66	1.66	-1	-1
0780	Växjö	44	1 809	1.53	1.49	1.59	+3	-4
0880	Kalmar	50	1 873	1.42	1.57	1.58	-10	-10
0980	Gotland	57	1 919	1.69	1.56	1.61	+8	+5
1080	Karlskrona	53	1 356	1.48	1.60	1.57	-8	-6
1280	Malmö	113	3 124	1.32	1.34	1.41	-1	-6
1281	Lund	48	2 923	1.38	1.46	1.58	-5	-12
1283	Helsingborg	86	2 751	1.40	1.42	1.52	-1	-8
1290	Kristianstad	69	1 373	1.54	1.52	1.59	+1	-3
1293	Hässleholm	51	942	1.56	1.54	1.57	+1	-1
1380	Halmstad	96	2 258	1.46	1.40	1.52	+4	-4
1383	Varberg	47	2 274	1.60	1.66	1.69	-4	-6
1384	Kungsbacka	91	2 997	1.50	1.51	1.56	-1	-4
1480	Göteborg	233	3 596	1.56	1.55	1.59	+1	-2
1481	Mölndal	51	3 060	1.50	1.60	1.64	-6	-9
1485	Uddevalla	32	1 844	1.54	1.43	1.57	+8	-2
1488	Trollhättan	45	1 619	1.41	1.41	1.52	0	-7
1490	Borås	82	1 670	1.45	1.64	1.65	-12	-13
1496	Skövde	27	1 581	1.49	1.56	1.60	-4	-7
1780	Karlstad	71	1 776	1.53	1.49	1.56	+3	-2
1880	Örebro	90	2 166	1.61	1.55	1.53	+4	+5
1980	Västerås	137	2 150	1.40	1.41	1.49	-1	-6
2080	Falun	60	1 634	1.74	1.66	1.82	+5	-4
2180	Gävle	40	1 602	1.65	1.53	1.62	+8	+2
2281	Sundsvall	43	1 499	1.62	1.61	1.67	+1	-3
2284	Örnsköldsvik	28	1 003	1.82	1.57	1.68	+16	+8
2380	Östersund	25	1 821	1.71	1.58	1.62	+8	+6
2480	Umeå	67	2 206	1.48	1.52	1.55	-2	-5
2482	Skellefteå	73	1 014	1.90	1.70	1.76	+12	+8
2580	Luleå	62	1 707	1.67	1.74	1.74	-4	-4

Definitions and explanations

Price changes are estimated using the purchase price coefficient (K/T). K/T is the ratio between the price and the assessed value for a certain time and is counted as an unweighted mean value.

One- or two-dwelling buildings for permanent dwelling include detached one- or two-dwelling buildings, terraced houses and linked buildings. Real estate with site leasehold rights is included.

Source

Data comes from the land registration authority (Lantmäteriet). There is currently a substantial delay in registration of title at the authority.

More about...

Information on the quality of the statistics, production methods and frequently requested tables and graphs.

Next publishing will be

2012-09-13 at 09:30.

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Statistics Sweden, Construction, Rents and Real Estate Statistics Unit
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