Press release from Statistics Sweden

2012-09-13 9:30 AM Nr 2012:829


Real estate prices up to and including August 2012:

House prices continue to increase

Real estate prices for one- or two-dwelling buildings increased by 3 percent during the last three month period, May – July 2012, compared to the previous period, February – April 2012. Prices decreased by 2 percent on an annual basis, the last three month period compared with the same period 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 May – July instead of June – August.

Increasing prices were reported in 18 out of 21 counties between the two most recent three-month periods. The largest increases in real estate prices were reported in Gotland and Västerbotten County by 13 and 7 percent respectively. Decreasing prices were only reported in Halland, Södermanland and Skåne County. Price declines in these counties ranged between 1 and 2 percent. In the metropolitan areas of Greater Gothenburg and Greater Stockholm prices increased by 3 and 2 percent respectively, while prices decreased in Greater Malmö by 1 percent.

House prices decreased on an annual basis in 12 out of 21 counties. The largest drop in prices was reported in Skåne, Blekinge and Södermanland County by 6 percent. The largest increases in house prices were reported in Gotland and Västerbotten County by 9 and 3 percent respectively. In all of the metropolitan areas prices decreased between 1 and 8 percent. The largest drop in the metropolitan areas was reported in Greater Malmö.

The average real estate price for one- or two-dwelling building during the last three month period 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
1107
5 305 2 039 1 298 1.61  
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
3 147 2 241 1 474 1.55 +1
1202
3 086 2 075 1 387 1.51 ‑3
1203
3 780 2 026 1 353 1.52 +1
1204
3 396 1 979 1 314 1.53 +1
1205
3 407 2 004 1 334 1.54 0
1206
4 845 2 091 1 358 1.58 +3
1207 [1]
1 505 2 098 1 352 1.58 0

[1] Preliminary figures.

Development of prices during recent years based on the purchase price coefficient
Real estate price statistics for the months May through July 2012 compared to the previous three months (February through April 2012) and the corresponding period last year (May through July 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
1 773 3 755 1.52 1.48 1.55 +2 -2
Uppsala
409 2 197 1.62 1.54 1.60 +5 +1
Södermanland
335 1 754 1.42 1.43 1.52 -1 -6
Östergötland
410 1 777 1.55 1.52 1.56 +2 -1
Jönköping
373 1 415 1.57 1.49 1.60 +5 -2
Kronoberg
182 1 279 1.55 1.48 1.55 +5 0
Kalmar
261 1 222 1.67 1.61 1.68 +4 -1
Gotland
70 2 004 1.78 1.57 1.64 +13 +9
Blekinge
162 1 299 1.50 1.44 1.60 +4 -6
Skåne
1 191 2 136 1.45 1.48 1.55 -2 -6
Halland
375 2 322 1.52 1.53 1.59 -1 -5
Västra Götaland
1 451 2 150 1.55 1.52 1.60 +2 -3
Värmland
336 1 118 1.54 1.49 1.56 +3 -1
Örebro
255 1 292 1.56 1.55 1.54 +1 +2
Västmanland
365 1 613 1.45 1.41 1.49 +3 -3
Dalarna
438 1 164 1.75 1.67 1.76 +5 -1
Gävleborg
299 1 040 1.64 1.61 1.65 +2 0
Västernorrland
281 903 1.69 1.59 1.65 +6 +2
Jämtland
118 1 118 1.71 1.68 1.71 +2 0
Västerbotten
320 1 257 1.78 1.67 1.73 +7 +3
Norrbotten
353 1 061 1.79 1.69 1.78 +6 +1
Metropolitan areas
             
Greater Stockholm
1 773 3 755 1.52 1.48 1.55 +2 -2
Greater Gothenburg
815 3 043 1.57 1.53 1.59 +3 -1
Greater Malmö
527 2 596 1.38 1.41 1.50 -1 -8
The whole country
9 757 2 061 1.56 1.52 1.59 +3 -2
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
75 3 238 1.48 1.49 1.49 -1 0
0126
Huddinge
158 3 409 1.54 1.48 1.58 +4 -3
0127
Botkyrka
73 2 760 1.53 1.50 1.48 +2 +3
0136
Haninge
92 2 858 1.44 1.47 1.50 -2 -4
0160
Täby
113 4 531 1.51 1.46 1.55 +4 -2
0163
Sollentuna
67 4 572 1.54 1.49 1.53 +3 0
0180
Stockholm
325 4 452 1.53 1.48 1.55 +3 -2
0181
Södertälje
66 2 386 1.49 1.44 1.52 +4 -2
0182
Nacka
97 5 079 1.58 1.59 1.62 0 -2
0188
Norrtälje
76 1 967 1.55 1.45 1.61 +7 -4
0380
Uppsala
160 2 998 1.72 1.63 1.63 +6 +6
0480
Nyköping
81 1 822 1.35 1.38 1.45 -2 -7
0484
Eskilstuna
86 1 826 1.47 1.47 1.50 0 -2
0580
Linköping
123 2 485 1.51 1.55 1.57 -3 -4
0581
Norrköping
109 1 968 1.55 1.59 1.56 -3 -1
0680
Jönköping
121 2 085 1.63 1.65 1.69 -1 -4
0780
Växjö
71 1 773 1.55 1.49 1.58 +4 -1
0880
Kalmar
59 1 943 1.50 1.51 1.56 0 -4
0980
Gotland
70 2 004 1.78 1.57 1.64 +13 +9
1080
Karlskrona
59 1 639 1.59 1.52 1.55 +5 +3
1280
Malmö
142 3 025 1.34 1.33 1.42 +1 -6
1281
Lund
68 2 874 1.44 1.42 1.54 +2 -6
1283
Helsingborg
95 2 906 1.47 1.45 1.51 +1 -3
1290
Kristianstad
80 1 364 1.57 1.52 1.59 +3 -1
1293
Hässleholm
60 1 040 1.58 1.49 1.63 +6 -3
1380
Halmstad
105 2 285 1.45 1.43 1.51 +1 -4
1383
Varberg
54 2 079 1.57 1.64 1.67 -5 -6
1384
Kungsbacka
129 3 056 1.52 1.53 1.58 -1 -4
1480
Göteborg
283 3 569 1.59 1.54 1.61 +3 -1
1481
Mölndal
62 3 348 1.60 1.56 1.63 +2 -2
1485
Uddevalla
65 1 828 1.52 1.43 1.55 +7 -2
1488
Trollhättan
48 1 581 1.43 1.44 1.54 0 -7
1490
Borås
96 1 461 1.44 1.55 1.66 -7 -13
1496
Skövde
32 1 744 1.55 1.49 1.54 +4 +1
1780
Karlstad
84 1 809 1.53 1.50 1.53 +2 0
1880
Örebro
94 2 019 1.58 1.57 1.49 +1 +6
1980
Västerås
181 2 225 1.42 1.39 1.48 +2 -4
2080
Falun
72 1 852 1.79 1.63 1.87 +9 -4
2180
Gävle
70 1 716 1.66 1.53 1.67 +9 0
2281
Sundsvall
96 1 409 1.65 1.54 1.64 +7 0
2284
Örnsköldsvik
69 786 1.76 1.63 1.70 +8 +4
2380
Östersund
41 1 843 1.73 1.63 1.74 +6 0
2480
Umeå
105 2 159 1.53 1.53 1.53 0 0
2482
Skellefteå
98 1 060 1.88 1.73 1.81 +9 +4
2580
Luleå
101 1 672 1.68 1.66 1.76 +1 -5

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.

Next publishing will be

2012-10-11 at 09:30.

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Responsible agency and producer

Statistics Sweden, Construction, Rents and Real Estate Statistics Unit
Box 24 300
SE-104 51 Stockholm, Sweden
Fax +46 8 506 949 05


Enquiries

Niclas Sjölund
Phone +46 8 506 943 42
E-mail firstname.lastname@scb.se

Martin Verhage
Phone +46 8 506 947 78
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