Meanwhile other markets were heavenly corrected around 2009-2015 after the housing crush Sweden came out quite unscratched. Low interest rates also have created an incentive to invest in housing for the average citizen. On the other side construction companies in Sweden are quite shy to build new housing as investment goes to other more profitable industries, Sweden is below EU average in construction. Finally Sweden population have grown more than the EU average.

So, the swedish housing availability is insufficient and prices reflect that. It is an imbalance that is difficult to solve short term. And probably also overpriced as the interest rates are low and predicted to be low.