Average price per square meter of an apartment in Sweden Q1 2021

An apartment in Stockholm cost approximately 7,600 euros per square meter, as of the first quarter of 2021. 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 roughly 5,100 euros per square meter, whereas the corresponding figure for Malmö equaled 3,300 euros per square meter. What proportion of Swedes own their houses? The home ownership rate in Sweden fluctuated between 64 and 67 percent in the past decade.

 House-prices rate in Sweden

Swedish properties are expensive and in fact, the house-price-to-income ratio in the country has been increasing since the 2019. The ratio peaked in the last quarter of 2020, reaching 121.76 precent.

 The global picture 

By the third quarter of 2020, the house-price-to-income ratio in Sweden was roughly in the middle of the ranking of selected countries worldwide . Luxembourg topped the list, with a ratio equaling over 135 percent, followed by Hungary, Czechia, and Portugal.