Imofolio

Vejle · report

Past price cycles in Vejle

Asking prices have fallen by 3% or more 5 times since 2004. The deepest began in June 2008.

Deepest fall
−24.0%
Recovery from the low
93 months

Prices in Vejle and in Denmark, indexed

Asking prices, both set to 100 in January 2004.

  • Vejle
  • Denmark
  • 100 = January 2004
Show the numbers
PeriodVejleDenmark
Sep 2026200.3237.0
Aug 2026201.6236.1
Jul 2026205.5234.8
Jun 2026208.2234.8
May 2026203.9233.4
Apr 2026202.5232.0
Mar 2026204.1230.1
Feb 2026201.8226.8
Jan 2026200.7224.5
Dec 2025196.0223.0
Nov 2025188.3222.9
Oct 2025191.2223.5
Sep 2025189.9221.2
Aug 2025184.1220.1
Jul 2025183.4218.3
Jun 2025188.4215.1
May 2025186.9214.2
Apr 2025183.4211.6
Mar 2025182.9210.5
Feb 2025185.3208.2
Jan 2025179.9206.9
Dec 2024182.7206.0
Nov 2024188.1205.3
Oct 2024189.4205.9
Sep 2024190.3206.1
Aug 2024188.8205.3
Jul 2024185.9203.4
Jun 2024184.3203.9
May 2024183.8203.0
Apr 2024179.2202.4
Mar 2024181.5201.7
Feb 2024177.4200.7
Jan 2024179.6200.1
Dec 2023179.2199.7
Nov 2023180.1200.6
Oct 2023179.0200.4
Sep 2023177.8198.7
Aug 2023177.4197.4
Jul 2023181.4195.8
Jun 2023177.9195.6
May 2023179.5194.6
Apr 2023175.9192.7
Mar 2023176.7192.4
Feb 2023178.9192.4
Jan 2023183.8193.2
Dec 2022184.0194.3
Nov 2022181.8195.5
Oct 2022183.0197.7
Sep 2022183.3199.6
Aug 2022187.8201.2
Jul 2022185.5200.6
Jun 2022183.2200.7
May 2022178.2198.6
Apr 2022180.0197.4
Mar 2022179.0195.8
Feb 2022166.1194.4
Jan 2022170.0193.2
Dec 2021170.1191.1
Nov 2021171.5191.3
Oct 2021175.2191.1
Sep 2021176.5191.1
Aug 2021177.0190.2
Jul 2021173.9188.6
Jun 2021171.0188.1
May 2021168.9185.7
Apr 2021166.6183.5
Mar 2021171.9181.0
Feb 2021171.5179.5
Jan 2021173.7177.7
Dec 2020170.0175.9
Nov 2020171.8174.7
Oct 2020170.4173.5
Sep 2020169.1172.0
Aug 2020165.3170.5
Jul 2020162.4169.6
Jun 2020162.8169.3
May 2020163.0168.4
Apr 2020160.5167.5
Mar 2020155.5167.1
Feb 2020157.3166.8
Jan 2020156.7166.3
Dec 2019156.3166.1
Nov 2019159.0165.9
Oct 2019158.7166.4
Sep 2019160.6166.7
Aug 2019160.3166.5
Jul 2019159.7165.7
Jun 2019157.8165.3
May 2019156.2164.9
Apr 2019156.2164.5
Mar 2019157.5163.8
Feb 2019159.3163.3
Jan 2019159.7163.6
Dec 2018161.7163.0
Nov 2018159.8162.9
Oct 2018156.5162.5
Sep 2018157.8162.7
Aug 2018153.3162.5
Jul 2018152.6161.9
Jun 2018153.0161.8
May 2018152.9161.8
Apr 2018151.0161.3
Mar 2018152.5160.6
Feb 2018153.9159.3
Jan 2018154.4158.7
Dec 2017154.7157.9
Nov 2017155.3158.1
Oct 2017154.2157.9
Sep 2017152.6157.3
Aug 2017153.5156.6
Jul 2017150.9155.4
Jun 2017151.8155.1
May 2017151.8154.8
Apr 2017151.2154.0
Mar 2017149.6153.3
Feb 2017149.1152.0
Jan 2017148.2151.7
Dec 2016147.5151.6
Nov 2016148.7151.4
Oct 2016147.7151.7
Sep 2016147.6151.3
Aug 2016149.4150.7
Jul 2016150.8150.0
Jun 2016153.1149.9
May 2016148.1149.1
Apr 2016149.0148.6
Mar 2016150.3148.5
Feb 2016150.3147.2
Jan 2016148.0146.9
Dec 2015148.2146.8
Nov 2015148.2146.9
Oct 2015147.4146.6
Sep 2015148.0145.9
Aug 2015146.3145.2
Jul 2015147.0144.4
Jun 2015147.4144.7
May 2015148.4144.0
Apr 2015148.1143.2
Mar 2015145.8142.4
Feb 2015146.0141.2
Jan 2015143.6141.1
Dec 2014144.4141.2
Nov 2014142.7141.3
Oct 2014145.0140.9
Sep 2014145.1140.6
Aug 2014146.4140.3
Jul 2014145.8139.9
Jun 2014146.7139.7
May 2014145.5139.7
Apr 2014145.5139.6
Mar 2014145.7139.1
Feb 2014144.4138.6
Jan 2014144.2138.3
Dec 2013144.9138.0
Nov 2013144.8138.2
Oct 2013145.5138.6
Sep 2013145.1138.3
Aug 2013148.4138.2
Jul 2013149.5138.3
Jun 2013150.8138.6
May 2013150.4138.9
Apr 2013152.8138.8
Mar 2013154.3138.9
Feb 2013153.8138.5
Jan 2013151.7138.7
Dec 2012152.7138.9
Nov 2012152.6139.0
Oct 2012152.9139.3
Sep 2012152.6139.6
Aug 2012152.5139.7
Jul 2012153.2139.9
Jun 2012152.9140.3
May 2012154.0140.2
Apr 2012153.6140.7
Mar 2012154.0141.3
Feb 2012155.9141.5
Jan 2012158.7142.3
Dec 2011159.8142.7
Nov 2011161.5143.6
Oct 2011162.4144.8
Sep 2011161.7145.8
Aug 2011161.6146.3
Jul 2011161.9146.8
Jun 2011161.1147.2
May 2011162.5148.2
Apr 2011162.5148.3
Mar 2011163.3148.5
Feb 2011164.1149.0
Jan 2011164.2148.9
Dec 2010165.0149.1
Nov 2010166.7149.6
Oct 2010164.7150.0
Sep 2010165.5150.3
Aug 2010164.9150.4
Jul 2010163.8150.5
Jun 2010164.9150.5
May 2010166.2150.9
Apr 2010164.5150.9
Mar 2010165.3151.0
Feb 2010166.0151.0
Jan 2010169.5151.2
Dec 2009172.3151.3
Nov 2009172.3151.3
Oct 2009170.8151.4
Sep 2009169.9151.5
Aug 2009171.2151.9
Jul 2009171.0152.2
Jun 2009170.1152.3
May 2009174.8152.9
Apr 2009174.6153.5
Mar 2009175.7154.4
Feb 2009175.4155.6
Jan 2009179.7157.7
Dec 2008182.4159.1
Nov 2008183.5160.7
Oct 2008184.1163.1
Sep 2008185.0165.1
Aug 2008185.8166.5
Jul 2008186.4167.3
Jun 2008187.8167.9
May 2008185.6168.3
Apr 2008182.0167.4
Mar 2008180.2167.3
Feb 2008184.7168.1
Jan 2008184.8168.1
Dec 2007185.1168.8
Nov 2007185.3168.6
Oct 2007187.3168.7
Sep 2007184.4168.9
Aug 2007182.9168.4
Jul 2007183.3167.7
Jun 2007179.9167.3
May 2007171.4165.7
Apr 2007173.2165.7
Mar 2007169.4164.9
Feb 2007162.6164.3
Jan 2007162.7163.3
Dec 2006159.9163.1
Nov 2006157.0162.2
Oct 2006157.7161.3
Sep 2006155.9160.8
Aug 2006149.9159.0
Jul 2006147.1157.2
Jun 2006143.5155.9
May 2006141.9153.1
Apr 2006136.9150.7
Mar 2006135.4147.4
Feb 2006134.5143.9
Jan 2006132.4140.6
Dec 2005129.0138.5
Nov 2005124.8135.6
Oct 2005124.5132.7
Sep 2005119.6129.4
Aug 2005117.5126.4
Jul 2005113.9123.2
Jun 2005112.2121.1
May 2005111.2118.4
Apr 2005110.8116.2
Mar 2005109.5114.2
Feb 2005110.2112.5
Jan 2005110.1110.5
Dec 2004110.4109.5
Nov 2004109.3108.8
Oct 2004108.1107.7
Sep 2004106.2106.2
Aug 2004104.9105.4
Jul 2004103.9104.6
Jun 2004102.6103.6
May 2004102.0102.9
Apr 2004102.9102.1
Mar 2004103.5101.3
Feb 2004104.4100.6
Jan 2004100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
October 2007March 2008−3.8%53
June 2008November 2014−24.0%7793
August 2022April 2023−6.4%816
September 2024January 2025−5.5%49
June 2026September 2026−3.8%3Not yet

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
PeriodDenmarkEU
Q2 2026165.6168.6
Q1 2026161.1166.5
Q4 2025156.7164.6
Q3 2025154.6163.5
Q2 2025151.3161.0
Q1 2025148.8158.5
Q4 2024145.6156.2
Q3 2024145.3155.1
Q2 2024141.0152.7
Q1 2024136.7149.8
Q4 2023140.3148.9
Q3 2023138.1149.1
Q2 2023135.7148.2
Q1 2023135.2147.6
Q4 2022141.1148.7
Q3 2022144.4150.9
Q2 2022144.0149.6
Q1 2022141.5146.2
Q4 2021140.1143.2
Q3 2021139.8140.2
Q2 2021136.2136.0
Q1 2021129.0132.1
Q4 2020126.0129.8
Q3 2020123.7128.1
Q2 2020120.8126.3
Q1 2020118.3124.4
Q4 2019117.5122.7
Q3 2019118.7121.5
Q2 2019117.4119.8
Q1 2019114.9117.6
Q4 2018114.7116.8
Q3 2018116.1115.9
Q2 2018115.9114.2
Q1 2018111.6112.3
Q4 2017111.6111.2
Q3 2017112.3110.4
Q2 2017109.8108.8
Q1 2017105.3106.9
Q4 2016107.1106.1
Q3 2016107.7105.4
Q2 2016104.2103.8
Q1 201699.3102.0
Q4 2015102.8101.1
Q3 2015102.6100.8
Q2 2015100.299.8
Q1 201594.598.3

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 Vejle

Asking prices have an 80% chance of landing between DKK 15,910/m² and DKK 19,225/m² by September 2027.

Expected, September 2027
DKK 17,567/m²
Chance of a rise
39%

At the average sale price of houses, a 90 m² home costs DKK 1,330,200. With 10% down and a 30-year mortgage, the payment is DKK 5,702 a month. Denmark sets no cap on the payment; lenders treat debt above four times gross income as high.

Payment, two incomes
11%
Payment, one income
22%

Houses sold in Q2 2026 had first been offered at 5.1% more than they fetched. A year ago the gap was +5.5%.

Gap today
+5.1%
Change in a year
−0.4 pp

59.0% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
366
Per 1,000 residents
3.0

In 2025 the population grew by 873 while 1,050 homes were finished: 0.8 new residents for every new home.

New residents per new home, 2025
0.8
Population change, 2025
+873

6.4% of the 60,686 homes registered on 1 January 2026 had nobody living in them.

Empty, 2026
6.4%
Empty homes
3,901

In 2025, 3% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
3%