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Sweden Housing Starts

Sweden's housing starts fell by 3.6% to 6.64 thousand units in Q2 2025 from 6.89 thousand units in Q1 2025. This decline occurred within a difficult construction sector. Higher material costs and fewer building permits are expected to cause a 2.6% contraction in the construction industry for 2025. The Riksbank maintains a cautious monetary policy stance with its policy rate expected to stay near 1.75% in Q4 2025 as consumer and business spending is subdued. Sweden's record low housing starts was 4.98 thousand units in Q3 2024 and record high was 19.53 thousand units in Q4 2021.

Quarterly Historical Data (2015-2025)

(in Thousand units)
Quarter Housing Starts (Thousand units)
Q2 2025 6.6
Q1 2025 6.9
Q4 2024 6.4
Q3 2024 5
Q2 2024 7.1
Q1 2024 7.8
Q4 2023 8.1
Q3 2023 5.8
Q2 2023 7.1
Q1 2023 8.1
Q4 2022 11
Q3 2022 11.3
Q2 2022 18.3
Q1 2022 15.8
Q4 2021 19.5
Q3 2021 13.3
Q2 2021 18.8
Q1 2021 16.2
Q4 2020 15.8
Q3 2020 12.9
Q2 2020 14.1
Q1 2020 13
Q4 2019 14.1
Q3 2019 9
Q2 2019 14
Q1 2019 12.1
Q4 2018 13.6
Q3 2018 11.1
Q2 2018 14.5
Q1 2018 13.2
Q4 2017 16.3
Q3 2017 12.8
Q2 2017 17.8
Q1 2017 17.1
Q4 2016 15
Q3 2016 14.8
Q2 2016 16.4
Q1 2016 14.9
Q4 2015 11.9
Q3 2015 11.7
Sweden Housing Starts : Definition
Sweden housing starts count the number of new residential dwellings for which construction has begun in Sweden. Statistics Sweden gathers this data, usually marking the start when foundational work commences. This metric shows the level of new residential building activity.