Real estate prices and registrations of title 2018:
Real estate for SEK 300 billion changed owner in 2018
Statistical news from Statistics Sweden 2019-06-05 9.30
There were almost 135 000 granted registrations of title in 2018, which is 5 000 less than in 2017. Excluding heritage, exchanges, gifts and mergers there were just over 100 000 registrations of title with a purchase price. The total purchase price for these properties was just over SEK 300 billion, which is the second highest ever.
There were 54 725 transactions of purchases of one- or two-dwelling buildings for permanent living, excluding site leaseholds, at market conditions in 2018. There were 10 524 purchases of real estate for seasonal and secondary use and 3 322 purchases in agricultural real estate. In the real estate categories commercial and industries, there were 1 538 and 695 purchases respectively.
Real estate price development
According to real estate price index, the price changes between 2018 and 2017 have varied somewhat for the different types of real estate. Real estate for seasonal and secondary use declined by 1 percent at national level, while prices for one- or two-dwelling buildings remained unchanged. The price of agricultural real estate rose by 5 percent in 2018 compared with 2017. In a somewhat longer perspective, in a comparison between 2018 and 2008, prices rose between 35 and 57 percent for the three real estate categories. The figure below illustrates how prices in the various real estate categories have progressed since 1990 in relation to the consumer price index.
Nordic comparison
In the past year, the development of prices of one- or two-dwelling buildings for permanent living in the Nordic countries (Finland, Sweden, Norway and Denmark) ranged from -2 percent to +4 percent. In a long-term perspective in a comparison between 2008 and 2018, prices have developed differently in the Nordic countries. In Sweden and Norway, prices have risen by more than 50 percent, while prices in Finland and Denmark have risen significantly less, by 3 percent and by 7 percent respectively.
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