by Julia Sandstedt, BAC Agency Sweden Last updated October 2026 6 min read Short answer Nominal value is the price of a property in kronor. Real value is that price adjusted for inflation, which shows how much purchasing power it holds. A property can rise in nominal terms and still lose in real terms if prices in the economy rise faster. In the example below, an apartment gains 12.5% in five years but loses about 7.6% in real terms. What is the difference between nominal and