Swedish Housing Construction Expected to Rebound, Industry Group Says

30/03/2024, 22:12

Image: Catharina Elmsäter-Svärd, CEO of Byggföretagen. Image source: Byggföretagen.

Byggföretagen, the Swedish Construction Federation, forecasts a modest increase in housing starts as interest rates are predicted to fall, rising from 25,600 in 2024 to 30,000 in 2025.

However, CEO Catharina Elmsäter-Svärd notes that this growth is from a very low level and emphasizes the need for political reforms to further stimulate the housing market. The outlook for commercial and infrastructure construction is more positive, with a projected 5% increase from 2023 to 2025.

Tags

#branschföretagarna #sweden

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