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.

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.

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.

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.

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 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.

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.

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.

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.

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 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.

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 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 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 - House price index, deflated was 3.20% 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, deflated - last updated from the EUROSTAT on June 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.

Real residential property prices Y-on-Y, percent change in Denmark, December, 2024 The most recent value is 2.11 percent as of Q4 2024, a decline compared to the previous value of 4.07 percent. Historically, the average for Denmark from Q1 1990 to Q4 2024 is 2.56 percent. The minimum of -17.06 percent was recorded in Q1 2009, while the maximum of 27.73 percent was reached in Q2 2006. | TheGlobalEconomy.com

The house price to rent ratio in Denmark reached the highest value in 2022, followed by a decline in the following year. The ratio amounted to a value of about 122.5 in the second quarter of 2024. The house price to rent ratio is calculated by dividing nominal house prices by rent prices, with 2015 as a base year with an index value of 100. Denmark's ratio was lower than the average of OECD countries.

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.

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.

DNB Forecast: House Prices: YoY data was reported at 2.900 % in 2021. This records a decrease from the previous number of 3.600 % for 2020. DNB Forecast: House Prices: YoY data is updated yearly, averaging 3.600 % from Dec 2017 (Median) to 2021, with 5 observations. The data reached an all-time high of 4.000 % in 2017 and a record low of 2.900 % in 2021. DNB Forecast: House Prices: YoY data remains active status in CEIC and is reported by Danmarks Nationalbank. The data is categorized under Global Database’s Denmark – Table DK.P004: House Prices: Year on Year Growth: Forecast: Denmark National Bank.