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Swedish house prices advance a 19th consecutive month

Posted on 17 December 2010

From Bloomberg: Swedish house prices rose for a 19th consecutive three-month period in November, as the central bank signals interest-rate increases are in part a response to imbalances in the credit and property markets.
The average house price rose an annual 5 percent in the three months through November, following a 5 percent gain in the October quarter, Statistics Sweden said in a statement on its website today. From the previous quarter, prices were unchanged, the office said……………………………………….Full Article: Source


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