At the same time, the proportion of buyers who believe property prices will fall rose. In August, 13 percent of buyers believed that property prices would fall, 2 percentage points more than in the corresponding survey in July. Overall, this means a net difference (the difference between those who believe in increasing and decreasing prices) of +30 percentage points. In July it was +30 percentage points.

Increasing prices: 43.3 percent (47.2% in the previous month)

Decreasing prices: 13.3 percent (10.8% in the previous month)

Unchanged prices: 43.3 percent (41.9% in the previous month)

Erik Holmberg, market Analyst at Hemnet, commented:

“During the spring, the property market was strong, with higher sales volumes, rising prices and stronger price expectations. But in the summer, the price trend has been weaker and now price expectations are also falling, which increases the risk of a weaker price trend further. Last year we had a similar situation with a strong first half of the year, followed by an autumn in which prices and the price expectations fell again. But we should not forget that price expectations are still at a historically relatively high level”.