Denmark's housing slump continues
This content is archived.
Denmark’s housing market remains sluggish, and the economy is struggling.
There was a 2.84% drop in the price of detached and terrace houses in Denmark to DKK10,819 (US$1,903) per square metre (sq. m.) in 2012 (-4.92% inflation adjusted), according to the Association of Danish Mortgage Banks (ADMB). But Copenhagen’s property prices rose by 1.1% to DKK22,540 (US$3,965) per sq. m. over the same period (-1.1% inflation adjusted).
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