Sweden Housing Market Activity
Last updated:
Source: ECB MIR monthly new housing loans adjusted with Eurostat total dwelling house price index, and Eurostat residential building permit data; mortgage series smoothed with a 3-month moving average before rebasing and weighting.
Source description: Monthly Sweden housing market activity indicator based on a weighted combination of 3-month smoothed new mortgage lending and residential building permits, indexed to 2019 = 100.
Table ID: macro_economics/housing/se_housing_market_activity_monthly
Key findings:
- Sweden housing activity remains subdued, pointing to a cautious backdrop for furniture, kitchens and home-related demand.
- Read alongside Sweden Furniture Retail Market Size and Germany Housing Market Activity, soft housing activity keeps the furniture demand backdrop cautious.
- Recent movement is broadly sideways, so the housing signal is not yet showing a clear new impulse.
Latest data:
| date | value |
|---|---|
| 2025-03-01 | 110.64 |
| 2025-04-01 | 107.17 |
| 2025-05-01 | 102.02 |
| 2025-06-01 | 94.13 |
| 2025-07-01 | 85.3 |
| 2025-08-01 | 81.17 |
| 2025-09-01 | 85.9 |
| 2025-10-01 | 94.63 |
| 2025-11-01 | 94.43 |
| 2025-12-01 | 96.33 |
| 2026-01-01 | 101.59 |
| 2026-02-01 | 80.46 |
Methodology: Housing Market Activity Methodology
Sweden Housing Market Activity tracks the monthly direction of Sweden's residential cycle using house-price-adjusted new mortgage lending and residential building permits. The series is designed for retailers, manufacturers, suppliers and market analysts who need a practical signal for mortgage-sensitive home moves, renovation activity and new-dwelling demand in the Swedish furniture market.
Market Context
Sweden's housing cycle is relevant for furniture-market analysis because mortgage conditions, housing turnover and new residential construction can influence demand for kitchens, storage, beds, sofas and other home-furnishing categories. House-price-adjusted mortgage lending gives a finance-side read on buyer activity, while residential permits capture construction-side momentum before new dwellings are completed and furnished. The indicator is best read as a directional market backdrop alongside Sweden Furniture Retail Market Size and comparable northern European housing indicators.
