Swedish Housing Market Sees First Decrease in Supply After Four-Year Rise

The Swedish housing market is experiencing a notable shift as the long-standing trend of increasing listings for single-family homes has been broken. For over 200 consecutive weeks, the number of homes available for sale had been rising year-over-year, offering buyers a historically high supply, though also leading to extended sales periods. However, according to recent reports, there were 23,755 single-family homes listed for sale in week 34 of this year, representing a 1% decrease compared to the same week last year. This decline marks the first reduction in listings after nearly four years of continuous growth and could signify a change in market dynamics, potentially impacting buyers and sellers alike.