Housing Index in Denmark increased to 148.55 points in the first quarter of 2025 from 145.50 points in the fourth quarter of 2024. This dataset provides - Denmark House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Real Residential Property Prices for Denmark (QDKR628BIS) from Q1 1970 to Q4 2024 about Denmark, residential, HPI, housing, real, 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 average house price in Denmark increased sharply in 2021, but growth slowed down to approximately *** percent in 2022. According to the forecast, 2023 is going to see house prices fall by almost **** percent. In 2024, house prices are expected to decrease further by about *** percent. As of 2021, the average sales price of single family homes in Denmark amounted to over *** Danish kroner.

Denmark - House price index was 8.70% in March of 2025, 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 July 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.

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.

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 *** index points, suggesting a price increase of ** 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, *** 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 ***** percent, and **** percent for Odense during the evaluated period.

The average sales price of one-family houses in Denmark increased by *** thousand Danish Kroner (+**** percent) in 2023. In total, the average price amounted to *** 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 Denmark Luxury Residential Real Estate Market Report is Segmented by Type (Apartments and Condominiums, Villas, and Landed Houses) and by Cities (Copenhagen, Aarhus, Odense, Aalborg, and the Rest of Denmark). The Report Offers Market Size and Forecasts for the Denmark Luxury Homes Market in Value (USD Billion) for all the Above Segments.

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 - Housing cost overburden rate: Cities was 22.70% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Denmark - Housing cost overburden rate: Cities - last updated from the EUROSTAT on June of 2025. Historically, Denmark - Housing cost overburden rate: Cities reached a record high of 30.10% in December of 2009 and a record low of 20.30% in December of 2020.

Denmark Dismantled House Price: Detached & Row Houses (DR) data was reported at 15,915.000 DKK/sq m in Jun 2018. This records a decrease from the previous number of 15,923.000 DKK/sq m for May 2018. Denmark Dismantled House Price: Detached & Row Houses (DR) data is updated monthly, averaging 14,448.000 DKK/sq m from Jan 2004 (Median) to Jun 2018, with 174 observations. The data reached an all-time high of 16,713.000 DKK/sq m in Mar 2008 and a record low of 9,827.000 DKK/sq m in Jan 2004. Denmark Dismantled House Price: Detached & Row Houses (DR) 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.

Denmark - House price index, deflated was 6.70% in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Denmark - House price index, deflated - last updated from the EUROSTAT on July of 2025. Historically, Denmark - House price index, deflated reached a record high of 27.50% in June of 2006 and a record low of -17.20% in March of 2009.

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.

Denmark - Housing cost overburden rate: Tenant, rent at market price was 28.70% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Denmark - Housing cost overburden rate: Tenant, rent at market price - last updated from the EUROSTAT on July of 2025. Historically, Denmark - Housing cost overburden rate: Tenant, rent at market price reached a record high of 37.10% in December of 2013 and a record low of 25.20% in December of 2020.

Commercial property prices in Denmark fluctuated significantly between the first quarter of 2006 and the third quarter of 2023. The index saw the lowest point in the third quarter of 2014 at 94.9 index points, and peaked in the second quarter of 2022 at 158.2 index points, indicating a significant increase in prices compared to the baseline year of 2006. As of the third quarter of 2023, the index of commercial property prices in Denmark stood at 118.1 points.

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. Typically, estate agents can earn income via fees and commissions charged to clients, which allows them to protect their operating profit margin from property price fluctuations. Revenue is projected to sink at a compound annual rate of 0.6% over the five years through 2025, including an estimated rise of 1.2% in 2025 to €207.6billion, while the average industry profit margin is forecast to reach 35.1%. 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. However, this have started to turn around in 2025 as interest rates have been falling across Europe in the two years through 2025, reducing borrowing costs for buyers and boosting property transactions. This has helped revenue to rebound slightly in 2025 as estate agents earn commission from property transactions. Revenue is forecast to swell at a compound annual rate of 3.7% over the five years through 2030 to €249.5 billion. Housing prices are 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 and speed up the process of retrofitting properties to become more sustainable.