Real estate prices and registrations of title 2017:
Real estate for SEK 313 billion changed owners in 2017
Statistical news from Statistics Sweden 2018-06-04 9.30
There were almost 140 000 granted registrations of title in 2017, which is 6 000 less than in 2016. Excluding heritage, exchanges, gifts and mergers, there were almost 106 000 registrations of title with a purchase price. The total purchase price for these properties was just over SEK 313 billion, which is an all-time high.
There were 55 005 purchase transactions involving one- or two-dwelling buildings for permanent living, excluding site leaseholds, at market conditions in 2017. There were 11 696 purchases of real estate for seasonal and secondary use and 3 628 in agricultural real estate. In the real estate categories commercial and industries, there were 1 854 and 807 purchases, respectively.
Real estate price development
The real estate price indices for one- or two-dwelling buildings for permanent living, buildings for seasonal and secondary use and agricultural real estate all show that prices rose in 2017 compared with 2016. Real estate for seasonal and secondary use rose by 9 percent at the national level. Prices of one- or two-dwelling buildings rose slightly less, by 8 percent. Agricultural real estate prices increased by 3 percent in 2017 compared with 2016. The chart below illustrates how prices in the various real estate categories have progressed since 1989 in relation to 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 (Sweden, Norway, Finland, and Denmark) ranged from -1 percent to +8 percent. In a long-term perspective, in a comparison between 2007 and 2017, prices have developed differently in the Nordic countries. In Sweden and Norway, prices have risen by more than 50 percent, while prices in Finland have risen significantly less, by 6 percent. In Denmark, house prices have decreased by 1 percent.
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