Housing Index in Denmark increased to 145.51 points in the fourth quarter of 2024 from 145.27 points in the third quarter of 2024. This dataset provides - Denmark House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The average house price in Denmark increased sharply in 2021, but growth slowed down to approximately one percent in 2022. According to the forecast, 2023 is going to see house prices fall by almost nine percent. In 2024, house prices are expected to decrease further by about 3.6 percent. As of 2021, the average sales price of single family homes in Denmark amounted to over 2.6 Danish kroner.

Graph and download economic data for Residential Property Prices for Denmark (QDKN628BIS) from Q1 1970 to Q4 2024 about Denmark, residential, HPI, housing, price index, indexes, and price.

Key information about House Prices Growth

• Denmark house prices grew 12.3% YoY in Jan 2022, following an increase of 9.2% YoY in the previous month.
• YoY growth data is updated monthly, available from Jan 2007 to Jan 2022, with an average growth rate of 3.0%.
• House price data reached an all-time high of 16.9% in Mar 2021 and a record low of -16.0% in May 2009.

The house price to income ratio increased slightly in 2023, after plummeting the previous two years. In the third quarter of 2023, the house price to income ratio amounted to 102.7 index points, down from its peak of 122.3 index points in the first quarter of 2021. The ratio measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. Has buying a house in Denmark become more affordable? The decline in the house price to income index is mostly because of a correction in house prices, as shown by the EMF house price index for Denmark. Meanwhile, incomes in the country have continued to grow. However, that does not mean housing is more affordable, as the average mortgage interest rate has soared, making credit much more expensive for homebuyers. What is the average house price in Denmark? In 2023, the average sales price of a single-family house in Denmark was about 2.6 million Danish Kroner. Single-family houses are the most popular dwelling type in the country, followed by multifamily housing units.

Denmark - House price index was 4.60% in September of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Denmark - House price index - last updated from the EUROSTAT on June of 2025. Historically, Denmark - House price index reached a record high of 30.40% in June of 2006 and a record low of -15.60% in March of 2009.

Residential Property Prices in Denmark increased 3.85 percent in December of 2024 over the same month in the previous year. This dataset includes a chart with historical data for Denmark Residential Property Prices.

The house price index in Denmark increased between 2015 and 2023, with prices peaking in 2022. The index tracks the price development for residential real estate, with 2015 chosen as a baseline year. In the fourth quarter of 2023, the index for existing dwellings amounted to 132 index points, suggesting a price increase of 32 percent since 2015.

Denmark Dismantled House Price: DR: Capital Region: Copenhagen City (CC) data was reported at 41,355.000 DKK/sq m in Nov 2018. This records a decrease from the previous number of 43,589.000 DKK/sq m for Oct 2018. Denmark Dismantled House Price: DR: Capital Region: Copenhagen City (CC) data is updated monthly, averaging 29,946.000 DKK/sq m from Jan 2004 (Median) to Nov 2018, with 179 observations. The data reached an all-time high of 43,589.000 DKK/sq m in Oct 2018 and a record low of 18,469.000 DKK/sq m in Feb 2004. Denmark Dismantled House Price: DR: Capital Region: Copenhagen City (CC) data remains active status in CEIC and is reported by Association of Danish Mortgage Banks. The data is categorized under Global Database’s Denmark – Table DK.EB005: Housing Supply Statistics.

New residential housing in Copenhagen cost, on average, 201 percent of the national average in Denmark in 2023 and represented the largest difference in the average transaction price of new residential properties in the country that year. The corresponding figure for Aarhus was 118.1 percent, and 94.3 percent for Odense during the evaluated period.

Denmark Property Price: DR: Capital Region: Bornholm: Bornholm data was reported at 7,112.000 DKK/sq m in Jun 2018. This records an increase from the previous number of 7,010.000 DKK/sq m for Mar 2018. Denmark Property Price: DR: Capital Region: Bornholm: Bornholm data is updated quarterly, averaging 5,438.000 DKK/sq m from Mar 1996 (Median) to Jun 2018, with 90 observations. The data reached an all-time high of 8,137.000 DKK/sq m in Jun 2008 and a record low of 3,155.000 DKK/sq m in Jun 1996. Denmark Property Price: DR: Capital Region: Bornholm: Bornholm data remains active status in CEIC and is reported by Association of Danish Mortgage Banks. The data is categorized under Global Database’s Denmark – Table DK.P002: Property Price: by Region.

Denmark Property Price Index: One Family Houses data was reported at 283.100 1995=100 in Sep 2007. This records a decrease from the previous number of 283.900 1995=100 for Jun 2007. Denmark Property Price Index: One Family Houses data is updated quarterly, averaging 145.900 1995=100 from Mar 1992 (Median) to Sep 2007, with 63 observations. The data reached an all-time high of 283.900 1995=100 in Jun 2007 and a record low of 79.700 1995=100 in Jun 1993. Denmark Property Price Index: One Family Houses data remains active status in CEIC and is reported by Statistics Denmark. The data is categorized under Global Database’s Denmark – Table DK.EB004: Property Price Index: 1995=100.

The average sales price of one-family houses in Denmark increased by 135 thousand Danish Kroner (+5.39 percent) in 2023. In total, the average price amounted to 2.6 million Danish Kroner in 2023. Find more statistics on one-family houses in Denmark with key insights such as Average purchasing price for condominiums and Average purchasing price for holiday houses.

The average sales price of all properties in Denmark decreased to 4.6 million Danish Kroner compared to the previous year. Nevertheless, the last two years in this industry recorded a significantly higher average price than the preceding years.Find more statistics on all properties in Denmark with key insights such as Average purchasing price for single-family houses and Average purchasing price for holiday houses.

House price index in Denmark, December, 2024 The most recent value is 160.51 index points as of Q4 2024, an increase compared to the previous value of 160.29 index points. Historically, the average for Denmark from Q1 1990 to Q4 2024 is 89.3 index points. The minimum of 31.59 index points was recorded in Q2 1993, while the maximum of 160.51 index points was reached in Q4 2024. | TheGlobalEconomy.com

Denmark Property Price: DR: Capital Region: CS: Glostrup data was reported at 23,717.000 DKK/sq m in Mar 2018. This records a decrease from the previous number of 24,185.000 DKK/sq m for Dec 2017. Denmark Property Price: DR: Capital Region: CS: Glostrup data is updated quarterly, averaging 15,548.000 DKK/sq m from Mar 1992 (Median) to Mar 2018, with 105 observations. The data reached an all-time high of 24,218.000 DKK/sq m in Jun 2007 and a record low of 4,490.000 DKK/sq m in Mar 1993. Denmark Property Price: DR: Capital Region: CS: Glostrup data remains active status in CEIC and is reported by Association of Danish Mortgage Banks. The data is categorized under Global Database’s Denmark – Table DK.P002: Property Price: by Region.

Denmark Property Price: DR: Capital Region: CS: Brondby data was reported at 22,940.000 DKK/sq m in Jun 2018. This records an increase from the previous number of 22,919.000 DKK/sq m for Mar 2018. Denmark Property Price: DR: Capital Region: CS: Brondby data is updated quarterly, averaging 16,194.000 DKK/sq m from Mar 1992 (Median) to Jun 2018, with 106 observations. The data reached an all-time high of 24,701.000 DKK/sq m in Jun 2006 and a record low of 4,823.000 DKK/sq m in Mar 1993. Denmark Property Price: DR: Capital Region: CS: Brondby data remains active status in CEIC and is reported by Association of Danish Mortgage Banks. The data is categorized under Global Database’s Denmark – Table DK.P002: Property Price: by Region.

Companies operating in the third-party real estate industry have had to navigate numerous economic headwinds in recent years, ranging from rising interest rates, spiralling inflation and muted economic growth. Revenue is projected to sink at a compound annual rate of 3.7% over the five years through 2024, including an estimated slump of 2.1% in 2024 to €196.2 billion, while the average industry profit margin is forecast to reach 34.6%. Amid spiralling inflation, central banks across Europe ratcheted up interest rates, resulting in borrowing costs skyrocketing in the two years through 2023. In residential markets, elevated mortgage rates combined with tightening credit conditions eventually ate into demand, inciting a drop in house prices. Rental markets performed well when house prices were elevated, being the cheaper alternative for cash-strapped buyers. However, even lessors felt the pinch of rising mortgage rates, forcing them to hoist rent to cover costs and pricing out potential buyers. This led to a slowdown in rental markets in 2023, weighing on revenue growth. Revenue is forecast to swell at a compound annual rate of 4% over the five years through 2029 to €238.7 billion. Following a correction during 2024, housing prices are set to being recovering in 2025 as fixed-rate mortgages begin to drop and economic uncertainty subsides, aiding revenue growth in the short term. Over the coming years, Proptech, which has been heavily invested in, will force estate agents to adapt, shaking up the traditional real estate industry. A notable application of Proptech is the use of AI and data analytics to predict a home’s future value.

Home Ownership Rate in Denmark increased to 60.90 percent in 2024 from 60 percent in 2023. This dataset provides the latest reported value for - Denmark Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Denmark Property Price: DR: Zealand Region: EZ: Roskilde data was reported at 22,286.000 DKK/sq m in Mar 2018. This records an increase from the previous number of 21,660.000 DKK/sq m for Dec 2017. Denmark Property Price: DR: Zealand Region: EZ: Roskilde data is updated quarterly, averaging 15,127.000 DKK/sq m from Mar 1992 (Median) to Mar 2018, with 105 observations. The data reached an all-time high of 24,207.000 DKK/sq m in Dec 2006 and a record low of 4,887.000 DKK/sq m in Mar 1993. Denmark Property Price: DR: Zealand Region: EZ: Roskilde data remains active status in CEIC and is reported by Association of Danish Mortgage Banks. The data is categorized under Global Database’s Denmark – Table DK.P002: Property Price: by Region.