Sweden's home construction sector shows a 3.3% increase in housing starts, indicating recovery since August 2021.
Sweden's home construction sector is showing signs of recovery after shrinking due to rising interest rates and falling housing prices. A housing-start indicator from Byggfakta increased by 3.3% in the past month, indicating an uptick in activity since August last year. However, the sector remains 57% below its peak in August 2021. This improvement might be due to a more optimistic outlook on interest rates.
March 20, 2024
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