Housing slump gathers pace in Sweden with buyers losing faith
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Stockholm
SWEDEN'S housing slump deepened last month as the market struggles to absorb a supply glut and households lose confidence.
Nationwide apartment prices declined a monthly 3 per cent in November, adding to October's 1 per cent drop, according to data from Svensk Maklarstatistik AB. House prices fell 1 per cent in the month, after being unchanged in October.
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