Denmark’s property market prices have been climbing steadily since 2012. In this period, prices of flats have risen by over 50 percent while prices of house are up by 25 percent. The latest data indicate that the trend is accelerating.
Higher employment and historically low financing costs are driving the rapid increase in Danish property prices. Prices for single-family houses were up 1.1 percent sequentially in April and are now back at the historical peak in 2007 just before the bubble burst. Prices of owner-occupied flats were up 3.2 percent sequentially in April and were up by over 50 percent since 2012.
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