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.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
Commentary / Economy
Denmark’s property market prices rise steadily
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 i…
Related articles
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
U.S. personal income and spending rose less than expected in August
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
