Bankruptcies are up 24 per cent so far this year in Stockholm, of which a fifth are in companies linked to the housing market. Photo: Alamy

Even the resilient luxury housing segment is not immune to Sweden’s property downturn

  • Prices of new housing in the Scandinavian country have been on a downward spiral 2017
  • Danske Bank expects home prices to fall further, which will kill more projects and lead to the collapse of some smaller developers
Topic |   International Property

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Bankruptcies are up 24 per cent so far this year in Stockholm, of which a fifth are in companies linked to the housing market. Photo: Alamy
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