The Danish housing market remains largely unaffected by global economic anxieties, showing resilience despite international trade tensions. Data from Boligsiden reveals a total of 7,516 home sales agreements in April.

While this reflects a slight decrease compared to March, the figure indicates positive growth when seasonally adjusted. Nykredit’s senior economist, Svend Greniman Andersen, suggests the housing market’s robustness shields it from immediate repercussions.

He observes no signs of panic in price reductions or trading prices, noting the stability of long-term interest rates. According to Svend Greniman Andersen, the most significant price increases are currently occurring in Jutland.

This trend follows substantial price growth in the Capital Region throughout 2023 and much of 2024, extending to the rest of Zealand in the latter half of 2024. He explains that price increases typically originate in Copenhagen and subsequently spread outwards.

Nykredit forecasts continued house price increases for 2025, 2026, and 2027, contingent on sustained Danish economic growth and the avoidance of recession. The forecast is based on the increasing number of employed individuals and rising wages as crucial factors in home pricing.