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Real estate price index for buildings for seasonal and secondary use (1981=100) by region. Year 1975 - 2023

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Niclas Sjölund, Statistics Sweden
+46 010-479 43 42
Martin Verhage, Statistics Sweden
+46 010-479 47 78
Yes
2024-01-26
Real estate price index for buildings for seasonal and secondary use (1981=100):
index
Real estate price index for buildings for seasonal and secondary use (1981=100):
Average
Real estate price index for buildings for seasonal and secondary use (1981=100):
No
Real estate price index for buildings for seasonal and secondary use (1981=100):
No
Real estate price index for buildings for seasonal and secondary use (1981=100):
1981
Statistics Sweden
BO0501O1
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The figures from 2023 are preliminary. In the General Assessment of Real Estate in 1996 a new type of real estate was introduced; one- or two-dwelling building unit with value of building less than 50 000 SEK (code 213). This new real estate type is no longer given any value of building and is therefore in practice considered to be unbuilt. This change affected above all buildings for seasonal and secondary use (code 221) and implied that the number of this type of real estate was reduced by approx. 35% for the country as a hole. The re-classification of one- or two-dwelling buildings (code 220) was marginal. The change in the real estates has the consequence that the basis of the price statistics decreases and the comparability backwards in time deteriorate. For the real estate price index, which is a time series, we get a time series break between 1996 and 1997 for building for seasonal and secondary use. The reason for the time series break occurs in 1997 is that Statistics Sweden for the definite index figures of 1997 uses the assessed values of 1996 in the calculations. The change has the greatest effects on the index for buildings for seasonal and secondary use in regions where a large number of units has been re-classified and where these units have had a different price trend than the other units in the region. Upper Norrland (the counties of Västerbotten and Norrbotten) can be mentioned as an example. The total number of buildings for seasonal and secondary use decreased with 51% between 1995 and 1996 due to this re-classification. The implemented change in the regulations described above therefore makes estimations of changes in prices and values covering both sides of time series break almost impossible in certain regions; the inland of Götaland and Svealand except the county of Dalarna, the northern east coast up to and including Höga kusten and Upper Norrland. However, if an estimation of the price and value changes covering both sides of time series break in any of these region is wanted Statistics Sweden suggests a combination of two methods which give an interval for the estimated change. A description of the method is available in Statistical Reports, series Bo40.