Housing construction in Sweden predicted to slow 'drastically'

The rate of construction of new homes in Sweden is expected to fall significantly in the coming years, dropping from 55,000 new buildings in 2018 to 46,000 in 2019

In its report, the Swedish Construction Federation warned that credit restrictions like tightened amortization requirements could accelerate a downturn. "It's starting to reduce very drastically now," Swedish Construction Federation CEO Catharina Emlsäter-Svärd said. The predicted slow-down comes despite the persisting problems with finding housing in Sweden's biggest cities. On the other hand, the report highlights a positive trend when it comes to construction investment in public spaces an infrastructure like railways and hospitals, which is predicted to increase by 11 percent between 2018 and 2019.

- The Local -
2. 4. 2018