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01 Jan 1970
Sweden is set to relax its mortgage lending rules early next year to help first-time homebuyers enter the housing market more easily. Under the proposed changes, buyers will be allowed to borrow up to 90% of a property's value�up from the current 85%. Additionally, the requirement for borrowers with high debt levels to repay 3% of their loan annually will be scrapped. Housing Minister Andreas Carlson emphasized the need to balance affordability with financial stability. The move aims to support young families and first-time buyers amid growing concerns over housing access, without compromising safeguards against excessive household debt or market overheating.Read more
01 Jan 1970
Sweden is set to relax its mortgage lending rules early next year to help first-time homebuyers enter the housing market more easily. Under the proposed changes, buyers will be allowed to borrow up to 90% of a property's value�up from the current 85%. Additionally, the requirement for borrowers with high debt levels to repay 3% of their loan annually will be scrapped. Housing Minister Andreas Carlson emphasized the need to balance affordability with financial stability. The move aims to support young families and first-time buyers amid growing concerns over housing access, without compromising safeguards against excessive household debt or market overheating.Read more
01 Jan 1970
Goldman Sachs has forecast a long-term decline in China�s property market, with annual new home demand expected to fall below 5 million units�far from the 2017 peak of 20 million. The downturn, deepened by stalled projects and heavily indebted developers, has eroded buyer confidence since 2021. Official data shows home prices continued to slide in May, despite repeated policy interventions. Goldman also notes a sharp drop in demand from demolition-driven construction and a potential rise in investment-related home sell-offs. With household wealth tied to real estate dropping from 80% to 70% by 2025 and 80 million flats lying vacant, China�s property crisis is reshaping both consumer sentiment and economic fundamentals.Read more