Average price per square meter of an apartment in Sweden H1 2019

An apartment in Stockholm cost over seven thousand euros per square meter, as of the first half of 2019. The Swedish capital was the city with the highest residential property prices, within selected cities in the country. Buying an apartment in Gothenburg would cost one roughly five thousand euros per square meter, whereas the corresponding figure for Malmö equaled nearly three thousand euros per square meter. What proportion of Swedes own their houses? The home ownership rate in Sweden fluctuated over the past decade. The share of Swedes owning their own property peaked in 2010, at 67.3 percent. The corresponding figure for 2017 was 65.2 percent, which was in fact, the lowest reported rate in the period.

 House-prices rate in Sweden

Despite Swedish properties being expensive, the house-price-to-income ratio in the country decreased over the past couple of years. The ratio peaked in the third quarter of 2017, reaching 110.6 and was at 103.6 in the first quarter of 2019, which was the lowest reported value between the start of 2017 and the start of 2019.

 The global picture 

By the end of 2018, the house-price-to-income ratio in Sweden was roughly in the middle of the ranking of selected countries worldwide . Canada topped the list, with a ratio equaling nearly 123. The North American country was followed by Portugal, Slovenia and the Netherlands. Norway and Denmark, also ranked in the middle part of the list.