[ad_1]
The National Housing, Building and Planning Board raises the 2020 home construction forecast and now expects 48,000 homes to start this year, followed by 42,500 in 2021.
This means that the number of homes started will decrease by 9 percent this year and an additional 11 percent next year.
The forecast adjustment is made after the Swedish Statistics figures show that 28,500 homes were started during the first half of 2020, taking into account the net contribution through the remodel.
“Housing construction is a major driver for the entire economy. We are now writing our forecast and we can see that the market has coped with the stresses better than we thought. But the future is characterized by great uncertainties,” writes Anders Sjelvgren , General Director of the National Board of Housing, Construction and Planning. commentary.
The National Board of Housing, Building and Urban Planning also notes that the housing market has strengthened during the summer, both in number of homes sold and in prices.
“Behind this is probably the reversal of expectations, which of course could also be seen in a strong development of the stock market. Continued low mortgage rates also play a role,” writes the National Board of Housing, Construction and Planning.
[ad_2]