Contact
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
Key regions: United States, China, Japan, Germany, United Kingdom
The Real Estate market in Denmark has been experiencing significant growth and development in recent years.
Customer preferences: One of the key customer preferences in the Danish Real Estate market is the demand for sustainable and energy-efficient properties. With a strong focus on environmental sustainability, Danish buyers are increasingly looking for homes that are built using eco-friendly materials and have low carbon footprints. Additionally, there is a growing interest in properties that incorporate renewable energy sources such as solar panels and geothermal heating systems.
Trends in the market: One of the prominent trends in the Danish Real Estate market is the increasing popularity of urban living. Many people are choosing to live in cities due to the convenience and accessibility they offer. This has led to a high demand for properties in major cities like Copenhagen and Aarhus, resulting in rising property prices in these areas. Furthermore, there is a growing trend of mixed-use developments, where residential and commercial spaces are integrated in the same building or complex, catering to the needs of urban dwellers.
Local special circumstances: Denmark has a unique housing market characterized by a high level of homeownership. The Danish government has implemented policies that promote homeownership, such as favorable mortgage lending conditions and tax incentives. This has contributed to a stable and resilient housing market, with a relatively low level of mortgage defaults. Additionally, the Danish rental market is highly regulated, with strict tenant protection laws in place. This has created a stable rental market, attracting both local and international investors.
Underlying macroeconomic factors: The Danish Real Estate market is influenced by several macroeconomic factors. The country has a strong and stable economy, with a low unemployment rate and high disposable income levels. This has increased the purchasing power of Danish buyers, leading to a higher demand for properties. Furthermore, Denmark has a low interest rate environment, which has made borrowing more affordable and attractive. This has encouraged both homeownership and property investment. In conclusion, the Real Estate market in Denmark is experiencing growth and development driven by customer preferences for sustainable properties, the trend of urban living, local special circumstances such as high homeownership rates and a regulated rental market, and underlying macroeconomic factors such as a strong economy and low interest rates. These factors are contributing to a thriving Real Estate market in Denmark, attracting both domestic and international buyers and investors.
Data coverage:
Figures are based on value of residential and commercial real estate, average real estate value, residential estate transactions and leases.Modeling approach / Market size:
Market sizes are determined by a combined Top-Down and Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use data from international organizations and industry associations. Next we use relevant key market indicators and data from country-specific associations such as GDP, price level index, household wealth, household size, number of renter and owner households, housing consumer spending per capita. This data helps us to estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing. The main drivers are GDP per capita, population, number of renter and owner households, price level index, housing consumer spending per capita.Additional Notes:
The market is updated twice per year in case market dynamics change. The impacts of the Russia-Ukraine war are considered at a country-specific level.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)