Increased inflation, construction costs and decompressed yields have moved up the prime annual rent on new production multifamily property in Sweden and in Stockholm to
SEK 3,000 per sqm a year. This is due to new production rent often calculated based on construction cost and market yield.
Boverket released the new residential construction prognosis in June which state a dramatic decrease in housing construction ahead. A total of 71,000 residential units were started in the record year of 2021. In 2023 it is expected to be 27,000 and in 2024 only 21,700.
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