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STOCKHOLM, Feb 14 (Reuters) - Swedish home prices increased 3.2 percent in January from December and 8.6 percent from a year earlier, the Nasdaq OMX Valueguard-KTH Housing Index (HOX) showed on Tuesday.
Apartment prices were up 7.9 percent year-on year, and single-family home prices 9.0 percent.
The HOX index is based on a statistical model that compensates for different types of homes sold during various periods to give a better picture of underlying price trends.
A boom in Swedish home prices since the late 1990s has driven up household debt to some of the highest levels in Europe. (Stockholm Newsroom)