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Denmark · report

Renovation in Denmark

In 2025, 8% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
8%

Homes finished in Denmark, by type of work

Dwellings completed each year in new buildings, by extending buildings and by converting them. Statistics Denmark.

  • Conversions
  • Extensions
  • New buildings
Show the numbers
YearNew buildingsExtensionsConversionsTotal
202522,5186581,30524,481
202425,2651,2341,55128,050
202334,9611,4131,79338,167
202236,4412,0812,13740,659
202132,5322,2941,87936,705
202033,7291,9933,33939,061
201930,3901,4562,68334,529
201824,3871,8462,72528,958
201721,2711,8132,69325,777
201616,5071,6643,01221,183
201512,1381,3601,70315,201
201412,7759812,07715,833
201313,6431,3951,67916,717
201214,6651,6051,66217,932
201110,9951,1921,37913,566
20109,4491,5401,50412,493
200917,26786987119,007
200824,8108771,12826,815
200728,7731,2281,31931,320
200626,3631,4911,15229,006

Statistics Denmark counts dwellings, so renovation that adds no dwelling is not counted. A conversion turns part of a building, or a whole one, into homes.

Other reports for Denmark

Asking prices have an 80% chance of landing between DKK 24,169/m² and DKK 26,148/m² by September 2027.

Expected, September 2027
DKK 25,158/m²
Chance of a rise
96%

At the average sale price of houses, a 90 m² home costs DKK 1,756,890. With 10% down and a 30-year mortgage, the payment is DKK 7,532 a month. Denmark sets no cap on the payment; lenders treat debt above four times gross income as high.

Payment, two incomes
15%
Payment, one income
31%

Houses sold in Q2 2026 had first been offered at 4.9% more than they fetched. A year ago the gap was +6.0%.

Gap today
+4.9%
Change in a year
−1.0 pp

25.3% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
24,594
Per 1,000 residents
4.1

Prices of existing homes have fallen by 3% or more 3 times since 1992. The deepest began in Q3 2007.

Deepest fall
−21.2%
Recovery from the low
75 months

In 2025 the population grew by 32,946 while 25,465 homes were finished: 1.3 new residents for every new home.

New residents per new home, 2025
1.3
Population change, 2025
+32,946

6.5% of the 3,071,410 homes registered on 1 January 2026 had nobody living in them.

Empty, 2026
6.5%
Empty homes
198,672

Public bodies signed DKK 4.7B of housing works here in 2025, and DKK 64.5B since 2017.

Signed in 2025
DKK 4.7B
Per resident, 2025
DKK 781