In the course of the financial crisis in 2008, house prices in Göteborg in the fall of may. Seven months later, the average price of a condominium in Gothenburg, sweden has fallen by 15 per cent. But then, that was the industriorter that the effect was greatest according to Cecilia, However, while you are more and more in the big cities, which have been a problem with their work. However saying that, a lot will depend on how fast the recovery will be.
” it will take a longer period of time, there is a risk that commercial real estate is falling in value, and the financial sector is affected. Could we see the combination of high levels of unemployment and a rise in interest rates, we have a dangerous cocktail for the housing market. If so, city dwellers, with a high mortgage that is being hit hard, ” said Cecilia Hermansson told the newspaper.
However, warns that there is still substantial uncertainty about
The average price paid per square meter for a condominium in Gothenburg, sweden was in August of 2017, which reached a high of 50 to 490 dollars. When amorteringskravet picked up three months later, house prices, however, they began to pick up again after a few months of the year.
the Corona is hit Sweden in earnest in march, however, prices began to fall as early as February. The trend, however, may have reversed, according to the provisional figure of may from Svensk Mäklarstatistik. However, However, warn that the situation is still very uncertain.
“No one has an answer as to how long this crisis is going to be, and become, the longer will be the risk back,” she told the newspaper.
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