Gross residential mortgage lending in Sweden 2016-2023, per quarter
The quarterly value of gross residential mortgage lending in Sweden declined in 2023. Since 2016, the Swedish mortgage market saw between 11 and 18 billion euros in new mortgage lending. In the second quarter of 2023, this figure amounted to 11.5 billion euros - the second-lowest figure recorded. The contraction of the market had to do with the worsening economic conditions and the rising interest rates - a trend observed across most European countries.