2024-04-02 09:43:00
As explained by Pavel Ladziato, Head of Private Client Service at Swedbank, in 2023 stabilization was visible in the market due to inflation and increased housing prices. As he notes, the housing affordability index calculated by Swedbank was at its lowest level since 2010 in the third quarter of last year. level, but the continued rapid growth of salaries and more stable real estate prices are starting to improve the situation.
During 2023 the average housing loan amounted to about 98 thousand. euros and compared to the previous year, it increased by 6 percent. At that time, the average area of purchased apartments decreased, which last year reached about 50 square meters. m and was one tenth lower than in 2021. The representative of the bank notes that the problem of affordability is solved by choosing a smaller area.
In addition, residents began to look at apartments more often. Share of apartments among total housing financing in 2023. increased to 67 percent, while the share of individual houses decreased to approximately 30 percent.
According to Swedbank, the country’s residents mostly choose to purchase a new 2022-2023. houses under construction with energy class A+ and A++ – 48% of them were granted last year. whole house financing.
According to P. Ladziats, residents value newly built housing, which uses modern solutions that protect the environment and conserve energy resources, both as a more liquid asset and as an investment for lower housing maintenance costs.
2024-04-02 09:43:00