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More people believe home prices fall – News



The proportion of respondents who believe in rising and unchanged prices remains at the same level of July, ie 56% and 5% respectively. On the other hand, slightly higher, 18 percent, believe that prices will decline next year, which is a two-unit increase.

"Price expectations take a small step back after the sharp boom so far during the year. However, the trend is consistent with the summer, which means there is always calm in the housing market," said private economist Jens Magnuson in a comment.

The Housing Price Indicator is the difference between the proportion that is believed to be rising prices and the proportion that is believed to fall.

At the same time, fewer and fewer people are planning to fix the interest rate on their loan. Four percent of those polled say they want to do so in the next three months, a decrease of two percentage points from last month.

Surveys are performed every month by Demoscope and are based on 1000 interviews.


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