IntroductionThe Nordic residential mortgage market has grown significantly over the last few years driven by strong house price growth and falling interest rates.
What are the current issues facing the mortgage markets in this region? How are housing policies affecting their performance? Who are the biggest lenders? What will be the size of the sector in the next five years? This report provides the answers.ScopeCovers the residential mortgage market in the Nordic region - Denmark, Sweden, Norway, FinlandProvides market sizing data in terms of gross advances and balances outstandingProvides competitor market share for the top five players in terms of balances outstanding.
A short profile of the top players is also providedLooks at housing policies and issues in the marketHighlightsHouse prices have been rising in all the Nordic countries.
However, house price growth in the Nordics has been fluctuating, suggesting some uncertainty in the housing markets.Interest rates have been falling in the Nordics in recent years.
This fall has led to growth in the Nordic mortgage markets.
In addition, in Sweden this fall has encouraged the take up of variable rate mortgages.The competitive landscape of the mortgage market in the Nordics has not changed much over the past five years.
Although there have been a few new entrants into the retail banking market, these have not had a significant impact on the market leaders in the mortgage market.Reasons to PurchaseLearn how the Nordic residential mortgage market has developed over the last five yearsUnderstand the recent developments in the market in terms of regulation, competition and product innovationsFind out Datamonitor's opinion on the future performance of the Nordic residential mortgage market over the next five years and its future prospects