Nordea flags improving employment as key catalyst for Finland housing market turnaround
Bitget2026/09/25 09:21- Nordea flagged improving employment as the key catalyst needed to turn Finland’s housing market, with September data showing early signs of a labor rebound.
- It pointed to stronger macro momentum, citing economic growth, rising investment, firmer order books, improving consumer confidence, stronger private consumption.
- Recent mortgage rule changes were cited as supportive, including a new option for 40-year maturities, a higher loan-to-value cap of 95%.
- Nordea warned inflation risks persist, with markets watching whether the ECB lifts its policy rate once more before year-end.
- It said rates remain moderate, with no sign of approaching the 6% stress-test level used in repayment-capacity assessments.
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