Graph and download economic data for Residential Property Prices for Denmark (QDKN368BIS) from Q1 1971 to Q4 2024 about Denmark, residential, housing, 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.

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.

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.

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.

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 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 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 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.

Denmark Property Price: DR: Capital Region: CS: Albertslund data was reported at 20,761.000 DKK/sq m in Jun 2018. This records an increase from the previous number of 20,218.000 DKK/sq m for Mar 2018. Denmark Property Price: DR: Capital Region: CS: Albertslund data is updated quarterly, averaging 14,841.500 DKK/sq m from Mar 1992 (Median) to Jun 2018, with 106 observations. The data reached an all-time high of 21,372.000 DKK/sq m in Sep 2006 and a record low of 4,773.000 DKK/sq m in Jun 1993. Denmark Property Price: DR: Capital Region: CS: Albertslund 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.

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.

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

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.

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.

Companies operating in the third-party real estate industry have had to navigate numerous economic headwinds in recent years, notably rising interest rates, spiralling inflation and muted economic growth. Revenue is projected to sink at a compound annual rate of 0.6% over the five years through 2025, including an estimated jump of 1.2% in 2025 to €207.6 billion, 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 over 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 (2021-2023), being the cheaper alternative for cash-strapped buyers. However, even lessors felt the pinch of rising mortgage rates, forcing them to hoist rent prices to cover costs and pricing out potential buyers. This led to a slowdown in rental markets in 2023, weighing on revenue growth. However, this has 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—technology-driven innovations designed to improve and streamline the real estate industry—will force estate agents to adapt, shaking up the traditional real estate sector. 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.

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.

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 - Commercial property price index, all business

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 Direct Real Estate Activities industry have come up against numerous headwinds in recent years, ranging from the COVID-19 outbreak in 2020 to the high base rate environment in the years since, which has inflated borrowing costs for potential buyers. This is a sharp contrast to the ultra-low interest environment seen over the decade following the 2008 financial crisis. Still, revenue is forecast to edge upwards at a compound annual rate of 0.6% over the five years through 2025 to €622.9 billion, including an anticipated rise of 0.8% in 2025. Despite weak revenue growth, profitability remains strong, with the average industry profit margin standing at an estimated 18.9% in 2025. Central banks across Europe adopted aggressive monetary policy in the two years through 2023 in an effort to curb spiralling inflation. This ratcheted up borrowing costs and hit the real estate sector. In the residential property market, mortgage rates picked up and hit housing transaction levels. However, the level of mortgage rate hikes has varied across Europe, with the UK experiencing the largest rise, meaning the dent to UK real estate demand was more pronounced. Commercial real estate has also struggled due to inflationary pressures, supply chain disruptions and rising rates. Alongside this, the market’s stock of office space isn’t able to satisfy business demand, with companies placing a greater emphasis on high-quality space and environmental impact. Properties in many areas haven't been suitable due to their lack of green credentials. Nevertheless, things are looking up, as interest rates have been falling across Europe over the two years through 2025, reducing borrowing costs and boosting the number of property transactions, which is aiding revenue growth for estate agents. Revenue is slated to grow at a compound annual rate of 4.5% over the five years through 2030 to €777.6 billion. Economic conditions are set to improve in the short term, which will boost consumer and business confidence, ramping up the number of property transactions in both the residential and commercial real estate markets. However, estate agents may look to adjust their offerings to align with the data centre boom to soak up the demand from this market, while also adhering to sustainability commitments.