Strong interest from foreign residential investors helped drive Nordic housing transaction volumes to €21bn ($24bn) during H1 2018, the second-highest on record, despite being down 10% on last year's figure. The report also found that a record number of new homes were built in 2017, with more than half of all new home sales occurring outside major cities. To use all functions on this portal, for example the login, Javascript must be activated. The report also found residential property made up 32% of volumes. Analysts are anticipating a record-breaking second half to the year, when volumes traditionally increase.
Strong interest from foreign residential investors helped drive Nordic housing transaction volumes to €21bn ($24bn) during H1 2018, the second-highest on record, despite being down 10% on last year's figure. The report also found that a record number of new homes were built in 2017, with more than half of all new home sales occurring outside major cities. The report also found residential property made up 32% of volumes. Analysts are anticipating a record-breaking second half to the year, when volumes traditionally increase.