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Decline in prices in the real estate market in Sweden, reduced the Swedish crona The euro has risen in price above the level of 10 Swedish cronas

The Swedish krona has been devastated by a record this year: the euro has risen in the price above SEK 10, which happened for the first time since the beginning of this year. Investors are concerned that the real estate market of this country began to observe not only a slowdown in prices, but even their fall when some objects manage to sell quickly, only have to offer the buyer a discount of 15-20% of the market price. All this may indicate that the market not only has a “financial bubble” in recent years, but that it has now become blown away. There is a risk that this is one of the signs that inflated property prices in the Scandinavian countries, in general, will also begin to decline. Continue reading