Nordea economist predicts house prices for June



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"Today, housing prices are at home.Many were surprised by the housing market turnaround, and prices rose as much as they did this year. ", recently explains the chief economist Kjetil Olsen in Nordea Markets

. Adjusted for seasonal variations, house prices rose by 1.1%

Normally, June is a weak month

See also: Meier expects price drop

"For example, if prices rose nominally in June, it means better development than normal, seasonally adjusted growth of 0.8%." Should we think of something like this? ", Writes Olsen

Nordea Markets believes that the real estate market needs to fall properly before Norges Bank starts thinking about the rise in interest rates reported. this is the case, even though inflation is expected to subside during the fall, "continues the chief economist

Olsen, according to Olsen, is rather calm on the key front. The current inventory will be PMI for the services sector in Sweden and the (final) euro zone.

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