Region Hovedstaden · report
Past price cycles in Region Hovedstaden
Prices of existing homes have fallen by 3% or more 3 times since 1992. The deepest began in Q3 2006.
- Deepest fall
- −29.9%
- Recovery from the low
- 108 months
Prices in Region Hovedstaden and in Denmark, indexed
Statistics Denmark's price index of one-family houses, both set to 100 in Q1 1992.
- Region Hovedstaden
- Denmark
- 100 = Q1 1992
Show the numbers
| Period | Region Hovedstaden | Denmark |
|---|---|---|
| Q2 2026 | 745.4 | 469.8 |
| Q1 2026 | 720.9 | 456.7 |
| Q4 2025 | 708.6 | 449.8 |
| Q3 2025 | 684.7 | 440.0 |
| Q2 2025 | 668.1 | 433.5 |
| Q1 2025 | 647.9 | 424.5 |
| Q4 2024 | 635.0 | 418.8 |
| Q3 2024 | 622.7 | 412.2 |
| Q2 2024 | 618.4 | 413.5 |
| Q1 2024 | 593.3 | 402.4 |
| Q4 2023 | 600.6 | 402.0 |
| Q3 2023 | 598.8 | 402.9 |
| Q2 2023 | 582.8 | 396.3 |
| Q1 2023 | 571.8 | 388.6 |
| Q4 2022 | 578.5 | 389.8 |
| Q3 2022 | 617.2 | 409.0 |
| Q2 2022 | 631.9 | 418.4 |
| Q1 2022 | 626.4 | 415.9 |
| Q4 2021 | 609.8 | 407.3 |
| Q3 2021 | 617.2 | 407.8 |
| Q2 2021 | 593.3 | 400.4 |
| Q1 2021 | 570.6 | 386.5 |
| Q4 2020 | 540.5 | 371.4 |
| Q3 2020 | 521.5 | 362.0 |
| Q2 2020 | 495.7 | 351.0 |
| Q1 2020 | 489.6 | 345.7 |
| Q4 2019 | 487.7 | 344.9 |
| Q3 2019 | 487.1 | 346.1 |
| Q2 2019 | 484.7 | 344.1 |
| Q1 2019 | 475.5 | 337.6 |
| Q4 2018 | 471.2 | 333.9 |
| Q3 2018 | 470.6 | 335.1 |
| Q2 2018 | 471.8 | 335.1 |
| Q1 2018 | 460.1 | 329.0 |
| Q4 2017 | 451.5 | 322.0 |
| Q3 2017 | 450.9 | 322.9 |
| Q2 2017 | 445.4 | 321.2 |
| Q1 2017 | 434.4 | 312.2 |
| Q4 2016 | 425.2 | 308.6 |
| Q3 2016 | 426.4 | 310.6 |
| Q2 2016 | 422.1 | 306.9 |
| Q1 2016 | 417.8 | 302.4 |
| Q4 2015 | 408.6 | 298.0 |
| Q3 2015 | 405.5 | 298.0 |
| Q2 2015 | 402.5 | 298.0 |
| Q1 2015 | 382.8 | 288.6 |
| Q4 2014 | 373.0 | 280.4 |
| Q3 2014 | 374.2 | 280.0 |
| Q2 2014 | 369.3 | 281.2 |
| Q1 2014 | 358.3 | 273.9 |
| Q4 2013 | 357.1 | 271.8 |
| Q3 2013 | 353.4 | 271.8 |
| Q2 2013 | 350.9 | 272.7 |
| Q1 2013 | 342.9 | 268.2 |
| Q4 2012 | 339.3 | 265.3 |
| Q3 2012 | 333.7 | 266.1 |
| Q2 2012 | 332.5 | 265.7 |
| Q1 2012 | 329.4 | 263.7 |
| Q4 2011 | 329.4 | 265.3 |
| Q3 2011 | 344.2 | 275.1 |
| Q2 2011 | 355.8 | 282.4 |
| Q1 2011 | 350.9 | 280.0 |
| Q4 2010 | 360.1 | 284.9 |
| Q3 2010 | 354.6 | 286.5 |
| Q2 2010 | 354.6 | 285.3 |
| Q1 2010 | 339.9 | 278.8 |
| Q4 2009 | 335.6 | 277.6 |
| Q3 2009 | 330.1 | 278.8 |
| Q2 2009 | 323.9 | 276.7 |
| Q1 2009 | 321.5 | 275.9 |
| Q4 2008 | 346.6 | 292.7 |
| Q3 2008 | 387.1 | 317.1 |
| Q2 2008 | 408.6 | 327.3 |
| Q1 2008 | 408.0 | 324.1 |
| Q4 2007 | 419.0 | 327.8 |
| Q3 2007 | 436.2 | 334.7 |
| Q2 2007 | 438.0 | 333.9 |
| Q1 2007 | 442.9 | 330.6 |
| Q4 2006 | 452.8 | 326.9 |
| Q3 2006 | 458.3 | 328.2 |
| Q2 2006 | 450.3 | 320.0 |
| Q1 2006 | 414.7 | 300.4 |
| Q4 2005 | 385.9 | 281.2 |
| Q3 2005 | 355.8 | 266.5 |
| Q2 2005 | 327.6 | 251.4 |
| Q1 2005 | 303.1 | 237.6 |
| Q4 2004 | 286.5 | 228.2 |
| Q3 2004 | 279.1 | 223.7 |
| Q2 2004 | 269.3 | 217.6 |
| Q1 2004 | 257.1 | 209.4 |
| Q4 2003 | 248.5 | 204.1 |
| Q3 2003 | 247.9 | 203.7 |
| Q2 2003 | 246.0 | 201.6 |
| Q1 2003 | 240.5 | 198.0 |
| Q4 2002 | 241.7 | 197.6 |
| Q3 2002 | 239.3 | 197.1 |
| Q2 2002 | 238.0 | 196.3 |
| Q1 2002 | 231.9 | 192.7 |
| Q4 2001 | 227.6 | 191.0 |
| Q3 2001 | 228.2 | 192.2 |
| Q2 2001 | 222.7 | 190.2 |
| Q1 2001 | 220.2 | 188.2 |
| Q4 2000 | 214.1 | 184.5 |
| Q3 2000 | 208.0 | 182.4 |
| Q2 2000 | 203.7 | 178.8 |
| Q1 2000 | 195.1 | 174.3 |
| Q4 1999 | 189.6 | 171.4 |
| Q3 1999 | 190.2 | 171.0 |
| Q2 1999 | 185.3 | 167.8 |
| Q1 1999 | 181.6 | 165.3 |
| Q4 1998 | 178.5 | 162.9 |
| Q3 1998 | 173.0 | 160.4 |
| Q2 1998 | 170.6 | 158.0 |
| Q1 1998 | 162.6 | 152.2 |
| Q4 1997 | 160.1 | 149.4 |
| Q3 1997 | 158.3 | 148.2 |
| Q2 1997 | 152.1 | 144.5 |
| Q1 1997 | 147.2 | 140.8 |
| Q4 1996 | 143.6 | 137.1 |
| Q3 1996 | 137.4 | 131.4 |
| Q2 1996 | 133.7 | 127.8 |
| Q1 1996 | 129.4 | 124.9 |
| Q4 1995 | 127.0 | 122.9 |
| Q3 1995 | 123.3 | 119.6 |
| Q2 1995 | 119.6 | 116.7 |
| Q1 1995 | 114.7 | 112.2 |
| Q4 1994 | 111.7 | 109.8 |
| Q3 1994 | 109.8 | 108.6 |
| Q2 1994 | 109.8 | 109.8 |
| Q1 1994 | 109.8 | 109.8 |
| Q4 1993 | 103.7 | 104.1 |
| Q3 1993 | 97.5 | 98.4 |
| Q2 1993 | 93.3 | 93.9 |
| Q1 1993 | 93.3 | 94.3 |
| Q4 1992 | 94.5 | 95.5 |
| Q3 1992 | 97.5 | 98.0 |
| Q2 1992 | 100.0 | 100.0 |
| Q1 1992 | 100.0 | 100.0 |
Every fall of 3% or more
From the peak to the lowest month after it, and how long prices took to get back.
| Peak | Low | Fall | Months falling | Months to recover |
|---|---|---|---|---|
| Q2 1992 | Q1 1993 | −6.7% | 9 | 9 |
| Q3 2006 | Q1 2009 | −29.9% | 30 | 108 |
| Q2 2022 | Q1 2023 | −9.5% | 9 | 21 |
Denmark against the EU since 2015
Eurostat's house price index for all dwellings, 2015 = 100. National figures, comparable across member states.
- Denmark
- EU
- 2015 = 100
Show the numbers
| Period | Denmark | EU |
|---|---|---|
| Q2 2026 | 165.6 | 168.6 |
| Q1 2026 | 161.1 | 166.5 |
| Q4 2025 | 156.7 | 164.6 |
| Q3 2025 | 154.6 | 163.5 |
| Q2 2025 | 151.3 | 161.0 |
| Q1 2025 | 148.8 | 158.5 |
| Q4 2024 | 145.6 | 156.2 |
| Q3 2024 | 145.3 | 155.1 |
| Q2 2024 | 141.0 | 152.7 |
| Q1 2024 | 136.7 | 149.8 |
| Q4 2023 | 140.3 | 148.9 |
| Q3 2023 | 138.1 | 149.1 |
| Q2 2023 | 135.7 | 148.2 |
| Q1 2023 | 135.2 | 147.6 |
| Q4 2022 | 141.1 | 148.7 |
| Q3 2022 | 144.4 | 150.9 |
| Q2 2022 | 144.0 | 149.6 |
| Q1 2022 | 141.5 | 146.2 |
| Q4 2021 | 140.1 | 143.2 |
| Q3 2021 | 139.8 | 140.2 |
| Q2 2021 | 136.2 | 136.0 |
| Q1 2021 | 129.0 | 132.1 |
| Q4 2020 | 126.0 | 129.8 |
| Q3 2020 | 123.7 | 128.1 |
| Q2 2020 | 120.8 | 126.3 |
| Q1 2020 | 118.3 | 124.4 |
| Q4 2019 | 117.5 | 122.7 |
| Q3 2019 | 118.7 | 121.5 |
| Q2 2019 | 117.4 | 119.8 |
| Q1 2019 | 114.9 | 117.6 |
| Q4 2018 | 114.7 | 116.8 |
| Q3 2018 | 116.1 | 115.9 |
| Q2 2018 | 115.9 | 114.2 |
| Q1 2018 | 111.6 | 112.3 |
| Q4 2017 | 111.6 | 111.2 |
| Q3 2017 | 112.3 | 110.4 |
| Q2 2017 | 109.8 | 108.8 |
| Q1 2017 | 105.3 | 106.9 |
| Q4 2016 | 107.1 | 106.1 |
| Q3 2016 | 107.7 | 105.4 |
| Q2 2016 | 104.2 | 103.8 |
| Q1 2016 | 99.3 | 102.0 |
| Q4 2015 | 102.8 | 101.1 |
| Q3 2015 | 102.6 | 100.8 |
| Q2 2015 | 100.2 | 99.8 |
| Q1 2015 | 94.5 | 98.3 |
Statistics Denmark's price index of one-family houses goes back to 1992 for Denmark and its regions; municipalities use Finans Danmark's asking prices for houses, monthly since 2004. A fall counts once prices drop 3% below a peak, and ends when they are back at it.
Other reports for Region Hovedstaden
Asking prices have an 80% chance of landing between DKK 52,176/m² and DKK 56,952/m² by September 2027.
- Expected, September 2027
- DKK 54,564/m²
- Chance of a rise
- 93%
Figures for Denmark: Region Hovedstaden has no reliable figures of its own.
At the average sale price of houses, a 90 m² home costs DKK 3,747,600. With 10% down and a 30-year mortgage, the payment is DKK 16,066 a month. Denmark sets no cap on the payment; lenders treat debt above four times gross income as high.
- Payment, two incomes
- 33%
- Payment, one income
- 66%
Houses sold in Q2 2026 had first been offered at 4.0% more than they fetched. A year ago the gap was +4.9%.
- Gap today
- +4.0%
- Change in a year
- −0.9 pp
42.7% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 6,140
- Per 1,000 residents
- 3.2
In 2025 the population grew by 16,332 while 8,012 homes were finished: 2.0 new residents for every new home.
- New residents per new home, 2025
- 2.0
- Population change, 2025
- +16,332
4.4% of the 957,541 homes registered on 1 January 2026 had nobody living in them.
- Empty, 2026
- 4.4%
- Empty homes
- 42,606
In 2025, 4% of the homes added came from existing buildings rather than new ones.
- Homes from existing buildings, 2025
- 4%
Public bodies signed DKK 1.5B of housing works here in 2025, and DKK 6.7B since 2017.
- Signed in 2025
- DKK 1.5B
- Per resident, 2025
- DKK 775