Quarterly house price to rent ratio in Sweden 2015-2023
The house price to rent ratio in Sweden peaked in the second quarter of 2022, followed by a period of decline until the second quarter of 2023. The ratio amounted to 116.9 index points in the second quarter of 2023, down from 131.4 index points in the first quarter of 2021.
The house price to rent ratio is calculated by dividing nominal house prices by rent prices, with 2015 chosen as a base year with an index value of 100. An index value of 130 means that house price growth has outpaced rental growth by 30 percent since 2015. In 2023, Sweden's house price to rent ratio was lower than the OECD average at that time.