Copenhagen - another housing bubble?
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House prices in Copenhagen and near the Danish capital are climbing so quickly, they may soon surpass pre-financial crisis levels. “We are not yet on the cusp of another housing bubble, but we are moving towards one and we can see it,” Steen Bocian, chief economist at Danske Bank, told Børsen business newspaper.
Copenhagen’s property prices shot up by 14.4%, to DKK25,625 (USD4,663) per square metre (sq. m.) in 2013 (13.65% inflation adjusted).
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