Nordic — After Finnish comedy group KAJ won big with the song "Bara bada bastu"(Just take a sauna) in the Swedish Melodifestivalen a little more than a week ago, Nordic Property News asked the question – will more people want to take a sauna now and let the sweat swirl? Will it affect what is demanded in newly produced residential and to what extent are companies working with offering a sauna today? Six companies in the industry answer this question.

Sweden — On Tuesday morning JM announced that they are notifying 145 employees. It is mainly craftsmen in Stockholm and Malmö who are affected, according to CEO Mikael Åslund. He also comments on the news about the latest interest rate cut in Sweden.

Nordic — JM has submitted its interim report for the first quarter of 2024 and a satisfied Johan Skoglund meets the press in this, his very last presentation as president and CEO of the company. Because even though the financing budget has shrunk a little in recent years and revenues at national level have decreased, the company's sales are up by 60 percent compared to the previous year's report. "We plan to start more homes this year than we did in 2023," says Johan Skoglund to Nordic Property News.

Nordic — Johan Skoglund has announced to JM's board that he has decided to retire in June 2024. This after 37 years at JM, of which 21 as CEO. We had a little chat with the man who, for many, is the very soul of JM.

Nordic — JM has already seen a tough start to the year where the number of homes sold has more than halved, and as a result they had to give the staff a notice. If they don't increase sales during this last quarter, more notice may be required, says the CEO. Despite that, they believe in coming transactions and construction starts in the near future.

Nordic — The housing developers suffer greatly from the pending purchase willingness of households when it comes to new construction housing. It is difficult to raise the level of pre-purchased homes, although most people believe that there are still few unsold apartments at completion. But for those who signed up for pre-sale, the situation now looks radically different, where there are now reports that the buyers are trying to pull out of sale. Nordic Property News has taken a closer look at how big the exposure is for the companies with their homes that are under production.