House prices grow by more than 50% in Sweden’s northern counties
House prices in Umeå and Luleå have increased by more than 50% over the last five years, figures from Fastighetsbyrån, Sweden’s leading real estate agency shows.
Norrbotten and Västerbotten, the two northernmost counties in Sweden, top the list of price increase on houses. In Norrbotten, prices are up 57% over the last five years, followed by Västerbotten with an increase of 52% for villas.
On average for all of Sweden, prices are up 39%. Stockholm still has the most expensive villas with an average house price of nearly 3,9 million kroner (€409,000).
Sharpest percentage increase, though, average villa prices in Norrbotten is 1,11 million kroner (€115,000). Average price for a house in Västerbotten is now 1,42 million kroner (€149,000).
Related stories from around the North:
Canada: Canadian government invests over $35M to preserve Indigenous languages in the North, Radio Canada International
Finland: Finland looks to put education, environment at top of Arctic agenda, Yle News
Norway: PHOTO REPORT: Tundra children return from school, The Independent Barents Observer
Sweden: Activists say use of Finnish in Sweden is being restricted, Yle News
Russia: Population growth in military towns of Kola Peninsula, Russia, The Independent Barents Observer
United States: ‘Every year it’s harder’: Hiring teachers gets increasingly difficult in rural AlaskaLow enrollment forces 2 more school closures in Alaska, Alaska Dispatch News
