March 14, 2017 / 9:47 AM / 9 months ago

Swedish apartment prices up 8 pct yr/yr in Feb - Svensk Maklarstatistik

STOCKHOLM, March 14 (Reuters) - Apartment prices in Sweden rose 8 percent in February from a year earlier, figures from an association of Swedish real estate agents showed on Tuesday.

Prices of single-family homes rose 10 percent, the Svensk Maklarstatistik association said in a statement.

Month-on-month, apartment prices were up 1 percent while single-family home prices were up 2 percent, it said.

A boom in Swedish home prices since the late 1990s has driven up household debt to among the highest levels in Europe, raising concerns among policy makers.

Last year, Sweden introduced rules making it mandatory to pay down the principal on mortgages, a measure widely seen as having a dampening effect on the housing market. (Reporting by Johan Ahlander; editing by Niklas Pollard)

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