Sweden braces itself for property market's 'November Noir'
Housing price data for November due out on Dec 14 expected to show monthly price drop will be as big - if not bigger - than October's
Tue, Dec 12, 2017 - 5:50 AM
Apartment blocks beside a waterway in Stockholm's Sodermalm district. While few analysts believe Sweden is headed for a repeat of the real-estate crash of the early 1990s, households are getting more jittery about the outlook of a market that ties up large chunks of their wealth.
ANYONE with a stake in Sweden's property market should make space for Thursday in their calendar. That's when they'll get fresh clues as to whether they are facing a temporary blip or the start of a full-blown crash.
Svensk Maklarstatistik AB and Valueguard will both...