63 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 PM Anwar, Hong Kong Chief Executive John Lee hold meeting US to offer $345m in military aid to Taiwan Pakistan Appeals for International Aid After 16 Billion Dollar Disaster Russia hits Ukraine grain export route near Romania Report Urges India to Ramp Up Solar Energy Capacity Thailand’s new prime minister boosts optimism, but his populist policies pose fiscal risks
