Swedish Housing Market Shows Regional Variations and Increased Household Optimism in Early 2026

In early 2026, the Swedish housing market is showing signs of recovery alongside notable regional price differences. SEB's housing price indicator rose in January compared to December, signaling increased optimism among households. Américo Fernández, SEB's private economist, commented that this positive sentiment reflects a clear thawing in the housing market dynamics as perceived by the public.

During 2025, the average price of condominiums across Sweden increased by 1.4% from the previous year, with roughly half of the counties seeing price rises. Significant increases of 5-6% were reported in Värmland and Norrbotten, while Västerbotten experienced the largest drop in condominium prices, falling by more than 4%. This decline in Västerbotten was notably influenced by the bankruptcy of Northvolt in Skellefteå.

For single-family homes, prices nationwide rose by 2.1% during 2025. Still, Västerbotten again faced declines, with prices down by 3.5%. On the other hand, Blekinge and Norrbotten experienced the highest price surges, with increases of 7-8%.

These contrasts highlight the uneven nature of the housing market recovery across Sweden. While household optimism grows, regional economic factors continue to drive diverse price trends.