A boom in Swedish home prices since the late 1990s has driven up household debt to among the highest levels in Europe
The level of investment into European commercial real estate continues to grow with €62 billion invested in the third quarter of 2015, up 18% on the same period in 2014.
France experienced the most noteworthy increase with investment activity of over €7 billion, almost double that of the same quarter in 2014, according to figures from CBRE.
In the last few months, concerns about a bubble have reached a fever pitch as house prices shot up still further. A government failure to clamp down on lending criteria has fed a 20 percent annual rise in the cost of apartments
Global house prices have increased by a median of 4.7% year on year led by Hong Kong, Turkey, Ireland, Sweden and Australia, a new international report shows.
Overall prices have increased in 21 of the 26 countries tracked by the Economist House Price Index but growth does vary from nation to nation.
The growth is topped by Hong Kong with annual price growth of 20.8%, followed by Turkey with a rise of 18,8%, Ireland up 13.4%, Sweden up 10.3% and Australia up 7.5%.
The Swedish real estate market has remained strong even through the recession that followed the collapse of Lehman Brothers in 2008, agents said. In Vastra Gotaland County, which includes Gothenburg and the west coast, prices for stand-alone houses at the end of the second quarter of 2015 had risen 11 percent year-over-year, and 3 percent over the first quarter, according to a report issued in July by Svensk Maklarstatistik, which tracks real estate statistics. Prices for properties in the county characterized as vacation homes rose 5 percent year-over-year, the report said.
Half a million are on the waiting list for rent-controlled flats in Stockholm, meaning a two-tier system, bribes and a thriving parallel market
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