Hemnet on the housing market in June
- Fewer buyers believe in rising property prices
- Monthly record for the number of listed houses and apartments in June
- Highest number of house sales in a single month
The share of visitors that believe in rising prices decreased significantly in The Buyers’ Barometer for July and the share believing in falling prices increased moderately. At the same time, the high level of activity in the housing market that we have seen during the spring continued, particularly in the house market.
Throughout much of the pandemic, the number of listed houses has been low, but now there has been a clear break in the trend with a high influx of new houses for sale. This, combined with continued strong demand, led to a record number of sales in June, but with the average difference between the starting price and the closing price narrowing slightly.
The apartment market was also very active in June. Overall, there is much to suggest that this trend will continue and that we will have a high level of activity this summer as well, similar to the summer of 2020.
”We have had a high demand for houses over the past year, but the number of sales, which have been at high levels, has been held down by low supply. In recent weeks, however, the number of listed houses has risen sharply and we are seeing this unusually high level of activity with a record number of house sales,” says Erik Holmberg.
To read the report in its entirety please see attached pdf document.
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Notes to editors
Press enquiries
Staffan Tell, Head of PR
M: +46 733 67 66 85
E: staffan.tell@hemnet.se
Erik Holmberg, Market Analyst
M: +46 72 558 80 50
E: erik.holmberg@hemnet.se
IR enquiries
Carl Johan Åkesson, CFO
M: +46 708 30 70 57
E: cj.akesson@hemnet.se
Nick Lundvall, IR Manager & Head of Corporate Development
M: +46 76 145 21 78
E: nick.lundvall@hemnet.se
About Hemnet
Hemnet operates the leading property platform in Sweden. The company emerged as an industry initiative in 1998 and has since transformed into a "win-win" value proposition for the housing market. By offering a unique combination of relevant products, insights and inspiration, Hemnet has built lasting relationships with buyers, sellers, and agents for more than 20 years. Hemnet shares a mutual passion for homes with its stakeholders and is driven by being an independent go-to-place for people to turn to for the various housing needs that arise through life. This is mirrored in the Company’s vision to be the key to your property journey, supplying products and services to improve efficiency, transparency and mobility on the housing market. Hemnet’s is listed on Nasdaq Stockholm (‘HEM’).
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