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 sales price of all properties in Denmark decreased to *** 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.

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.

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 September 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.

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.

Denmark Dismantled House Price: Flat: Capital Region: Copenhagen City (CC) data was reported at 45,172.000 DKK/sq m in Jun 2018. This records an increase from the previous number of 44,538.000 DKK/sq m for May 2018. Denmark Dismantled House Price: Flat: Capital Region: Copenhagen City (CC) data is updated monthly, averaging 31,366.500 DKK/sq m from Jan 2004 (Median) to Jun 2018, with 174 observations. The data reached an all-time high of 45,172.000 DKK/sq m in Jun 2018 and a record low of 19,056.000 DKK/sq m in Jan 2004. Denmark Dismantled House Price: Flat: 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.

Geneva stands out as Europe's most expensive city for apartment purchases in early 2025, with prices reaching a staggering 15,720 euros per square meter. This Swiss city's real estate market dwarfs even high-cost locations like Zurich and London, highlighting the extreme disparities in housing affordability across the continent. The stark contrast between Geneva and more affordable cities like Nantes, France, where the price was 3,700 euros per square meter, underscores the complex factors influencing urban property markets in Europe. Rental market dynamics and affordability challenges While purchase prices vary widely, rental markets across Europe also show significant differences. London maintained its position as the continent's priciest city for apartment rentals in 2023, with the average monthly costs for a rental apartment amounting to 36.1 euros per square meter. This figure is double the rent in Lisbon, Portugal or Madrid, Spain, and substantially higher than in other major capitals like Paris and Berlin. The disparity in rental costs reflects broader economic trends, housing policies, and the intricate balance of supply and demand in urban centers. Economic factors influencing housing costs The European housing market is influenced by various economic factors, including inflation and energy costs. As of April 2025, the European Union's inflation rate stood at 2.4 percent, with significant variations among member states. Romania experienced the highest inflation at 4.9 percent, while France and Cyprus maintained lower rates. These economic pressures, coupled with rising energy costs, contribute to the overall cost of living and housing affordability across Europe. The volatility in electricity prices, particularly in countries like Italy where rates are projected to reach 153.83 euros per megawatt hour by February 2025, further impacts housing-related expenses for both homeowners and renters.

The Scandinavian real estate market, encompassing countries like Sweden, Norway, Denmark, and Finland, exhibits robust growth potential, fueled by a confluence of factors. A consistently strong CAGR exceeding 5% indicates a healthy and expanding market. Key drivers include increasing urbanization, a growing population, particularly in major cities like Stockholm, Oslo, and Copenhagen, and a rising demand for both residential and commercial properties. The market is segmented into villas and landed houses, catering to affluent buyers seeking larger spaces and more privacy, and apartments and condominiums, which represent a more significant portion of the market due to higher population density in urban centers and appeal to a wider range of buyers. Furthermore, government initiatives aimed at improving infrastructure and boosting sustainable housing contribute positively to market expansion. While fluctuating interest rates and potential economic downturns pose challenges, the Scandinavian region's strong economic fundamentals and consistently high demand suggest sustained growth in the medium to long term. Specific market segments like luxury properties and sustainable building designs are experiencing accelerated growth. The presence of established and well-regarded players, including Riksbyggen, Balder, and others, underscores the market's maturity and competitiveness. The strong performance of the Scandinavian economies, coupled with a focus on quality of life and attractive urban landscapes, further enhances the appeal of the region's real estate sector, ensuring sustained growth prospects for the coming years. The regional distribution of this growth is varied. While the Nordics dominate the market currently, other European regions may experience increased investment due to spillover effects and cross-border investments. International investors are actively participating, drawn by the stable political climate, transparent regulatory frameworks, and potential for long-term appreciation. However, challenges exist in the form of rising construction costs and limited land availability in prime urban areas. These constraints, while present, are unlikely to significantly impede the overall market growth trajectory, given the underlying demand and continued governmental support for the sector. Looking ahead, the Scandinavian real estate market is positioned for continued expansion, driven by demographic trends, economic stability, and ongoing efforts to create attractive and sustainable living environments. The diverse range of property types and significant involvement of major players suggest a robust and resilient market poised for further growth in the years to come. Recent developments include: April 2022: Trivselhus developed a new product called Stella 131. Stella 131 is a well-planned house that fits perfectly on narrower plots as the entrance is located on the gable. Exits for four directions make the house easy to place on the plot and provide the opportunity to create several patios for both sun and shade. The slightly elevated wall life on the façade allows for space for an awning or pergola., April 2022: The Lindbacks has signed an agreement with K-fast, Eskilstuna's municipal properties. The agreement includes building of 86 rental apartments in three wooden buildings with geothermal heating and solar cells. . Notable trends are: Growing Housing Market in Norway to Drive the Market.

The average transaction price for the purchase of new residential properties increased in Copenhagen, Denmark between 2016 and 2023. By 2023, Copenhagen had the highest average transaction price for new dwellings of approximately ***** euros per square meter. The average transaction price for the purchase of new residential properties in Aarhus and Odense generally plateaued since 2017 and have experienced a slight decrease since 2021.

The Denmark luxury residential real estate market, valued at approximately €X million in 2025, is experiencing robust growth, with a Compound Annual Growth Rate (CAGR) exceeding 5% projected through 2033. This expansion is fueled by several key drivers. Firstly, Denmark's strong economy and consistently high disposable incomes amongst its affluent population create a sustained demand for high-end properties. Secondly, a limited supply of luxury homes, particularly in prime locations like Copenhagen, Aarhus, and Odense, contributes to escalating prices. Furthermore, increasing tourism and foreign investment in Danish real estate are bolstering the market. Trends such as a preference for sustainable and energy-efficient luxury homes and a growing demand for unique, architecturally significant properties are also shaping market dynamics. However, potential restraints include stricter lending regulations impacting high-value mortgages and fluctuations in global economic conditions that could influence investor confidence. The market is segmented by property type (villas/landed houses, condominiums/apartments) and geography (Copenhagen, Aarhus, Odense, Aalborg, and the Rest of Denmark), with Copenhagen commanding the largest market share due to its concentration of high-net-worth individuals and desirable lifestyle amenities. Key players such as Rodgaard Ejendomme, Fink Ejendomme, and others are competing in this dynamic and lucrative market. While the specific regional breakdown of the market size is not provided, it is reasonable to estimate that Copenhagen holds the largest share, followed by Aarhus, Odense, Aalborg, and the Rest of Denmark. Given the overall market growth, each segment is anticipated to experience positive growth, reflecting the broader market trend. The success of developers hinges on effectively addressing the evolving preferences of affluent buyers, maintaining a competitive edge in a market with a limited supply of luxury properties, and navigating potential economic uncertainties. Recent developments include: November 2022: The AkademikerPension expands real estate allocation. Whereas the portfolio currently consists primarily of offices in Copenhagen, the distribution in 2026 should be 50% residential, 30% offices, and various construction projects. Most investments will be made in Copenhagen and Aarhus, but approximately 25% of the real estate investments will be made in smaller Danish cities., June 2022: Orange Capital Partners, a European real estate investment firm, has purchased a portfolio of seven residential blocks in Denmark from NREP for an undisclosed sum. NREP stated that its Nordic Strategies Fund II held the 110,000 sqm residential portfolio. The portfolio comprises 1,220 modern rental apartments spread across seven residential buildings in Copenhagen and Aarhus. Teglgrdshusene, Green Square Garden, Nordhuset, Restad Have, Resource Rows, Risskov Brynet, and Lisbjerg are among the properties.. Notable trends are: Increasing demand for luxury residences driving the market.

Dismantled House Price: DR: Capital Region: Copenhagen Suburban data was reported at 33,324.000 DKK/sq m in Jun 2018. This records a decrease from the previous number of 33,479.000 DKK/sq m for May 2018. Dismantled House Price: DR: Capital Region: Copenhagen Suburban data is updated monthly, averaging 27,023.500 DKK/sq m from Jan 2004 (Median) to Jun 2018, with 174 observations. The data reached an all-time high of 33,479.000 DKK/sq m in May 2018 and a record low of 17,396.000 DKK/sq m in Jan 2004. Dismantled House Price: DR: Capital Region: Copenhagen Suburban 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.

The Denmark luxury residential real estate market exhibits robust growth potential, projected to expand significantly over the forecast period (2025-2033). A compound annual growth rate (CAGR) exceeding 5% indicates a consistently increasing market value, driven by several key factors. Strong economic performance in Denmark, coupled with a limited supply of high-end properties, particularly in prime locations like Copenhagen, Aarhus, and Odense, fuels heightened demand. Increasing high-net-worth individuals (HNWIs) seeking prestigious residences contribute to this upward trend. Furthermore, Denmark's attractive lifestyle, strong social infrastructure, and political stability further enhance the market's appeal to both domestic and international buyers. While rising construction costs and potential regulatory changes pose some challenges, the overall market outlook remains positive. The segment breakdown reveals a preference for villas and landed houses, with Copenhagen commanding the largest market share due to its concentration of affluent residents and business opportunities. Leading developers such as NRE Group, Rodgaard Ejendomme, and others play a crucial role in shaping the market's dynamics. The market's historical performance (2019-2024) likely showcased a similar growth trajectory, setting a strong foundation for future expansion. The continued growth in the Danish luxury residential market is anticipated to be fueled by ongoing investment in infrastructure, particularly in sustainable and smart home technologies within new developments. The increasing popularity of eco-friendly and energy-efficient luxury homes will likely further drive demand. While the "Rest of Denmark" segment will show growth, it will likely lag behind the major cities due to differences in population density and economic activity. Analyzing the performance of individual developers and their project pipelines will offer more granular insights into future market trends. Future research should focus on assessing the impact of potential economic fluctuations and interest rate changes on the market's growth trajectory. The competitive landscape, with established players alongside emerging developers, warrants close observation to understand market share dynamics and strategic partnerships. This comprehensive report provides an in-depth analysis of the Denmark luxury residential real estate market, covering the period from 2019 to 2033. With a focus on high-value properties in key cities like Copenhagen, Aarhus, Odense, and Aalborg, this report offers invaluable insights for investors, developers, and industry professionals seeking to navigate this dynamic market. The study period spans from 2019-2033, with 2025 serving as the base and estimated year, and a forecast period from 2025-2033. Historical data from 2019-2024 provides a robust foundation for future projections. Key Search Terms: Denmark luxury real estate, Copenhagen luxury apartments, Aarhus luxury villas, Danish real estate market, luxury property investment Denmark, residential real estate Denmark, Danish luxury homes, high-end real estate Denmark. Recent developments include: November 2022: The AkademikerPension expands real estate allocation. Whereas the portfolio currently consists primarily of offices in Copenhagen, the distribution in 2026 should be 50% residential, 30% offices, and various construction projects. Most investments will be made in Copenhagen and Aarhus, but approximately 25% of the real estate investments will be made in smaller Danish cities., June 2022: Orange Capital Partners, a European real estate investment firm, has purchased a portfolio of seven residential blocks in Denmark from NREP for an undisclosed sum. NREP stated that its Nordic Strategies Fund II held the 110,000 sqm residential portfolio. The portfolio comprises 1,220 modern rental apartments spread across seven residential buildings in Copenhagen and Aarhus. Teglgrdshusene, Green Square Garden, Nordhuset, Restad Have, Resource Rows, Risskov Brynet, and Lisbjerg are among the properties.. Key drivers for this market are: 4., Increasing manufacturing sites4.; The increasing middle-income group and access to mortgage finance. Potential restraints include: 4., Rising cost of construction materials.. Notable trends are: Increasing demand for luxury residences driving the market.

In 2023, the price of new residential properties rose in all European capitals except in London, Copenhagen, Oslo and Bratislava where prices declined. Overall, four of Europe's capital cities witnessed prices grow by more than ** percent: Athens, Lisbon, Warsaw and Budapest.

The average transaction price of new residential housing in Denmark increased by *** percent in Copenhagen from 2020 to 2021. In contrast, the new residential property prices increased by only *** percent in the Danish city of Odense during the same period.

Denmark Dismantled House Price: DR: Capital Region: CC: ow Copenhagen data was reported at 46,031.000 DKK/sq m in Jun 2018. This records a decrease from the previous number of 47,225.000 DKK/sq m for May 2018. Denmark Dismantled House Price: DR: Capital Region: CC: ow Copenhagen data is updated monthly, averaging 30,864.000 DKK/sq m from Jan 2004 (Median) to Jun 2018, with 174 observations. The data reached an all-time high of 47,830.000 DKK/sq m in Mar 2018 and a record low of 18,689.000 DKK/sq m in Jan 2004. Denmark Dismantled House Price: DR: Capital Region: CC: ow Copenhagen 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 Luxury Residential Real Estate Market size was valued at USD 3.2 Billion in 2024 and is projected to reach USD 5.18 Billion by 2032, growing at a CAGR of 5.5% from 2025 to 2032.

Key Market Drivers:

High Net Worth Individual (HNWI) Population Growth: Denmark has experienced significant growth in its wealthy population, particularly in Copenhagen and surrounding areas, driving demand for luxury residential properties. Denmark's HNWI population grew by 8.2% in 2023, with approximately 65,000 individuals holding investable assets of over $1 million, with Copenhagen accounting for 42% of this population.

Foreign Investment and International Buyer Interest: Denmark attracts substantial foreign investment in luxury real estate, particularly from other Nordic countries, Germany, and the UK. Foreign buyers accounted for approximately 28% of luxury residential transactions (properties over DKK 20 million) in 2023, with a 35% increase in international purchases compared to 2021.

Price to Rent Ratio in Denmark increased to 129.24 in the first quarter of 2025 from 125.62 in the fourth quarter of 2024. This dataset includes a chart with historical data for Denmark Price to Rent Ratio.

Denmark Dismantled House Price: Flat: Capital Region: Copenhagen Suburban data was reported at 31,744.000 DKK/sq m in Jun 2018. This records a decrease from the previous number of 32,609.000 DKK/sq m for May 2018. Denmark Dismantled House Price: Flat: Capital Region: Copenhagen Suburban data is updated monthly, averaging 24,617.000 DKK/sq m from Jan 2004 (Median) to Jun 2018, with 174 observations. The data reached an all-time high of 34,640.000 DKK/sq m in Jun 2006 and a record low of 18,276.000 DKK/sq m in Jun 2004. Denmark Dismantled House Price: Flat: Capital Region: Copenhagen Suburban 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 Property Price: DR: Capital Region: Copenhagen Suburban (CS) data was reported at 28,114.000 DKK/sq m in Mar 2018. This records an increase from the previous number of 27,757.000 DKK/sq m for Dec 2017. Denmark Property Price: DR: Capital Region: Copenhagen Suburban (CS) data is updated quarterly, averaging 18,526.000 DKK/sq m from Mar 1992 (Median) to Mar 2018, with 105 observations. The data reached an all-time high of 28,114.000 DKK/sq m in Mar 2018 and a record low of 5,812.000 DKK/sq m in Mar 1993. Denmark Property Price: DR: Capital Region: Copenhagen Suburban (CS) 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.