156 Sweden is facing a crisis in its real estate market as house prices have begun plummeting in recent months. The Swedish National Bank has reported that the country’s housing prices have fallen by as much as 6% in some areas, and experts are warning that the situation could continue to deteriorate in the coming months. The cause of the crisis is said to be a combination of factors including an oversupply of homes, stricter mortgage regulations and slow economic growth. The situation is causing alarm among homeowners and investors who have seen the value of their properties drop, and the government is scrambling to find a solution to the crisis. You Might Be Interested In Selangor govt’s initiative to help youth, asnaf was key in reducing unemployment, says state exco FSB Urges Swift Reforms Amid Persistent Global Financial Vulnerabilities CBL Holds Meeting on Tripoli Government Spending Controls for 2024 Reassessing Australia’s military spending rationale Africa Development Bank and US Government Strengthen Strategic Partnership European Parliament Urges Commission to Reevaluate EU-U.S. Data Privacy Framework in Resolution Vote