How much does a house cost in Denmark?

The average cost of a two-bedroom family house in Denmark is 2,656,115 DKK or about 18,910 DKK per square meter. On average, owner-occupied flats cost about 38,145 DKK per square meter. The local housing market is quite competitive due to the low entry requirements and availability of affordable loans. What house prices can you expect in Denmark?

Is house price growth decelerating in Denmark?

And, house price growth is decelerating. The price index of one-family houses in Denmark rose by 5.5% in Q1 2022, a slowdown from y-o-y increases of 8.1% in Q4 2021, 10.7% in Q3, 13.5% in Q2, and 12.3% in Q1, based on figures released by Statistics Denmark.

What does the house price index measure in Denmark?

In Denmark, the House Price Index measures residential property market prices. The HPI captures price changes of all kinds of residential property purchased by households (flats, detached houses, terraced houses, etc.), both new and existing. Only market prices are considered, self-build dwellings are therefore excluded.

Are rental yields rising in Denmark?

Yields have recovered in Denmark in recent years, as rents have risen faster than house prices. Average gross rental yields in Copenhagen typically range from 4.84% to 5.31%, according to Global Property Guide research. Unsurprisingly, smaller apartments offer higher rental yields.