Aalborg · report
Past price cycles in Aalborg
Asking prices have fallen by 3% or more 6 times since 2004. The deepest began in July 2008.
- Deepest fall
- −16.6%
- Recovery from the low
- 62 months
Prices in Aalborg and in Denmark, indexed
Asking prices, both set to 100 in January 2004.
- Aalborg
- Denmark
- 100 = January 2004
Show the numbers
| Period | Aalborg | Denmark |
|---|---|---|
| Sep 2026 | 209.2 | 237.0 |
| Aug 2026 | 207.7 | 236.1 |
| Jul 2026 | 204.1 | 234.8 |
| Jun 2026 | 203.6 | 234.8 |
| May 2026 | 203.2 | 233.4 |
| Apr 2026 | 203.5 | 232.0 |
| Mar 2026 | 208.1 | 230.1 |
| Feb 2026 | 206.5 | 226.8 |
| Jan 2026 | 206.5 | 224.5 |
| Dec 2025 | 210.6 | 223.0 |
| Nov 2025 | 210.4 | 222.9 |
| Oct 2025 | 211.7 | 223.5 |
| Sep 2025 | 208.1 | 221.2 |
| Aug 2025 | 208.6 | 220.1 |
| Jul 2025 | 206.9 | 218.3 |
| Jun 2025 | 203.4 | 215.1 |
| May 2025 | 206.4 | 214.2 |
| Apr 2025 | 204.5 | 211.6 |
| Mar 2025 | 200.7 | 210.5 |
| Feb 2025 | 199.1 | 208.2 |
| Jan 2025 | 198.8 | 206.9 |
| Dec 2024 | 201.6 | 206.0 |
| Nov 2024 | 203.5 | 205.3 |
| Oct 2024 | 204.8 | 205.9 |
| Sep 2024 | 203.5 | 206.1 |
| Aug 2024 | 202.5 | 205.3 |
| Jul 2024 | 198.6 | 203.4 |
| Jun 2024 | 198.1 | 203.9 |
| May 2024 | 198.5 | 203.0 |
| Apr 2024 | 196.5 | 202.4 |
| Mar 2024 | 203.4 | 201.7 |
| Feb 2024 | 200.6 | 200.7 |
| Jan 2024 | 199.6 | 200.1 |
| Dec 2023 | 199.0 | 199.7 |
| Nov 2023 | 198.7 | 200.6 |
| Oct 2023 | 202.0 | 200.4 |
| Sep 2023 | 198.5 | 198.7 |
| Aug 2023 | 199.2 | 197.4 |
| Jul 2023 | 195.0 | 195.8 |
| Jun 2023 | 196.9 | 195.6 |
| May 2023 | 195.5 | 194.6 |
| Apr 2023 | 192.6 | 192.7 |
| Mar 2023 | 191.0 | 192.4 |
| Feb 2023 | 190.3 | 192.4 |
| Jan 2023 | 191.9 | 193.2 |
| Dec 2022 | 191.7 | 194.3 |
| Nov 2022 | 191.1 | 195.5 |
| Oct 2022 | 190.6 | 197.7 |
| Sep 2022 | 193.5 | 199.6 |
| Aug 2022 | 194.2 | 201.2 |
| Jul 2022 | 191.6 | 200.6 |
| Jun 2022 | 188.6 | 200.7 |
| May 2022 | 186.7 | 198.6 |
| Apr 2022 | 186.0 | 197.4 |
| Mar 2022 | 190.3 | 195.8 |
| Feb 2022 | 188.5 | 194.4 |
| Jan 2022 | 186.0 | 193.2 |
| Dec 2021 | 186.2 | 191.1 |
| Nov 2021 | 190.4 | 191.3 |
| Oct 2021 | 195.9 | 191.1 |
| Sep 2021 | 194.3 | 191.1 |
| Aug 2021 | 195.6 | 190.2 |
| Jul 2021 | 187.4 | 188.6 |
| Jun 2021 | 189.7 | 188.1 |
| May 2021 | 191.5 | 185.7 |
| Apr 2021 | 191.0 | 183.5 |
| Mar 2021 | 192.9 | 181.0 |
| Feb 2021 | 193.0 | 179.5 |
| Jan 2021 | 193.8 | 177.7 |
| Dec 2020 | 191.1 | 175.9 |
| Nov 2020 | 189.2 | 174.7 |
| Oct 2020 | 187.3 | 173.5 |
| Sep 2020 | 186.1 | 172.0 |
| Aug 2020 | 186.1 | 170.5 |
| Jul 2020 | 184.1 | 169.6 |
| Jun 2020 | 186.2 | 169.3 |
| May 2020 | 186.5 | 168.4 |
| Apr 2020 | 184.7 | 167.5 |
| Mar 2020 | 184.5 | 167.1 |
| Feb 2020 | 185.3 | 166.8 |
| Jan 2020 | 185.9 | 166.3 |
| Dec 2019 | 184.5 | 166.1 |
| Nov 2019 | 186.1 | 165.9 |
| Oct 2019 | 188.6 | 166.4 |
| Sep 2019 | 194.0 | 166.7 |
| Aug 2019 | 192.2 | 166.5 |
| Jul 2019 | 192.9 | 165.7 |
| Jun 2019 | 192.9 | 165.3 |
| May 2019 | 192.0 | 164.9 |
| Apr 2019 | 192.8 | 164.5 |
| Mar 2019 | 191.1 | 163.8 |
| Feb 2019 | 190.8 | 163.3 |
| Jan 2019 | 189.7 | 163.6 |
| Dec 2018 | 188.0 | 163.0 |
| Nov 2018 | 190.4 | 162.9 |
| Oct 2018 | 191.9 | 162.5 |
| Sep 2018 | 189.3 | 162.7 |
| Aug 2018 | 191.1 | 162.5 |
| Jul 2018 | 186.5 | 161.9 |
| Jun 2018 | 186.2 | 161.8 |
| May 2018 | 187.1 | 161.8 |
| Apr 2018 | 187.4 | 161.3 |
| Mar 2018 | 187.6 | 160.6 |
| Feb 2018 | 186.1 | 159.3 |
| Jan 2018 | 183.0 | 158.7 |
| Dec 2017 | 178.4 | 157.9 |
| Nov 2017 | 178.9 | 158.1 |
| Oct 2017 | 181.4 | 157.9 |
| Sep 2017 | 181.9 | 157.3 |
| Aug 2017 | 183.2 | 156.6 |
| Jul 2017 | 181.2 | 155.4 |
| Jun 2017 | 184.1 | 155.1 |
| May 2017 | 183.7 | 154.8 |
| Apr 2017 | 186.1 | 154.0 |
| Mar 2017 | 186.3 | 153.3 |
| Feb 2017 | 181.1 | 152.0 |
| Jan 2017 | 180.1 | 151.7 |
| Dec 2016 | 177.3 | 151.6 |
| Nov 2016 | 177.5 | 151.4 |
| Oct 2016 | 177.2 | 151.7 |
| Sep 2016 | 174.2 | 151.3 |
| Aug 2016 | 171.9 | 150.7 |
| Jul 2016 | 168.6 | 150.0 |
| Jun 2016 | 169.5 | 149.9 |
| May 2016 | 169.0 | 149.1 |
| Apr 2016 | 171.9 | 148.6 |
| Mar 2016 | 169.9 | 148.5 |
| Feb 2016 | 167.7 | 147.2 |
| Jan 2016 | 165.6 | 146.9 |
| Dec 2015 | 162.8 | 146.8 |
| Nov 2015 | 165.5 | 146.9 |
| Oct 2015 | 161.7 | 146.6 |
| Sep 2015 | 161.4 | 145.9 |
| Aug 2015 | 159.9 | 145.2 |
| Jul 2015 | 158.7 | 144.4 |
| Jun 2015 | 159.2 | 144.7 |
| May 2015 | 159.2 | 144.0 |
| Apr 2015 | 158.4 | 143.2 |
| Mar 2015 | 158.9 | 142.4 |
| Feb 2015 | 157.2 | 141.2 |
| Jan 2015 | 156.5 | 141.1 |
| Dec 2014 | 156.0 | 141.2 |
| Nov 2014 | 157.8 | 141.3 |
| Oct 2014 | 159.9 | 140.9 |
| Sep 2014 | 158.5 | 140.6 |
| Aug 2014 | 159.0 | 140.3 |
| Jul 2014 | 158.8 | 139.9 |
| Jun 2014 | 159.9 | 139.7 |
| May 2014 | 162.1 | 139.7 |
| Apr 2014 | 159.7 | 139.6 |
| Mar 2014 | 158.4 | 139.1 |
| Feb 2014 | 157.5 | 138.6 |
| Jan 2014 | 156.0 | 138.3 |
| Dec 2013 | 155.4 | 138.0 |
| Nov 2013 | 156.4 | 138.2 |
| Oct 2013 | 155.3 | 138.6 |
| Sep 2013 | 156.0 | 138.3 |
| Aug 2013 | 156.6 | 138.2 |
| Jul 2013 | 155.4 | 138.3 |
| Jun 2013 | 156.5 | 138.6 |
| May 2013 | 157.6 | 138.9 |
| Apr 2013 | 157.0 | 138.8 |
| Mar 2013 | 156.8 | 138.9 |
| Feb 2013 | 155.0 | 138.5 |
| Jan 2013 | 157.0 | 138.7 |
| Dec 2012 | 156.6 | 138.9 |
| Nov 2012 | 158.4 | 139.0 |
| Oct 2012 | 157.6 | 139.3 |
| Sep 2012 | 157.1 | 139.6 |
| Aug 2012 | 157.6 | 139.7 |
| Jul 2012 | 156.6 | 139.9 |
| Jun 2012 | 157.3 | 140.3 |
| May 2012 | 155.6 | 140.2 |
| Apr 2012 | 155.5 | 140.7 |
| Mar 2012 | 153.5 | 141.3 |
| Feb 2012 | 152.6 | 141.5 |
| Jan 2012 | 151.5 | 142.3 |
| Dec 2011 | 152.9 | 142.7 |
| Nov 2011 | 152.6 | 143.6 |
| Oct 2011 | 154.9 | 144.8 |
| Sep 2011 | 156.6 | 145.8 |
| Aug 2011 | 157.3 | 146.3 |
| Jul 2011 | 156.4 | 146.8 |
| Jun 2011 | 157.2 | 147.2 |
| May 2011 | 158.3 | 148.2 |
| Apr 2011 | 157.9 | 148.3 |
| Mar 2011 | 157.7 | 148.5 |
| Feb 2011 | 160.0 | 149.0 |
| Jan 2011 | 158.3 | 148.9 |
| Dec 2010 | 158.6 | 149.1 |
| Nov 2010 | 160.3 | 149.6 |
| Oct 2010 | 163.0 | 150.0 |
| Sep 2010 | 164.7 | 150.3 |
| Aug 2010 | 164.0 | 150.4 |
| Jul 2010 | 165.0 | 150.5 |
| Jun 2010 | 164.9 | 150.5 |
| May 2010 | 165.3 | 150.9 |
| Apr 2010 | 164.8 | 150.9 |
| Mar 2010 | 168.0 | 151.0 |
| Feb 2010 | 166.2 | 151.0 |
| Jan 2010 | 167.4 | 151.2 |
| Dec 2009 | 165.9 | 151.3 |
| Nov 2009 | 166.5 | 151.3 |
| Oct 2009 | 166.7 | 151.4 |
| Sep 2009 | 165.5 | 151.5 |
| Aug 2009 | 164.9 | 151.9 |
| Jul 2009 | 165.5 | 152.2 |
| Jun 2009 | 165.1 | 152.3 |
| May 2009 | 166.0 | 152.9 |
| Apr 2009 | 165.7 | 153.5 |
| Mar 2009 | 164.4 | 154.4 |
| Feb 2009 | 163.4 | 155.6 |
| Jan 2009 | 165.9 | 157.7 |
| Dec 2008 | 169.2 | 159.1 |
| Nov 2008 | 169.1 | 160.7 |
| Oct 2008 | 173.4 | 163.1 |
| Sep 2008 | 178.3 | 165.1 |
| Aug 2008 | 180.9 | 166.5 |
| Jul 2008 | 181.5 | 167.3 |
| Jun 2008 | 180.8 | 167.9 |
| May 2008 | 179.5 | 168.3 |
| Apr 2008 | 178.5 | 167.4 |
| Mar 2008 | 178.2 | 167.3 |
| Feb 2008 | 176.9 | 168.1 |
| Jan 2008 | 174.9 | 168.1 |
| Dec 2007 | 172.7 | 168.8 |
| Nov 2007 | 172.7 | 168.6 |
| Oct 2007 | 168.0 | 168.7 |
| Sep 2007 | 167.7 | 168.9 |
| Aug 2007 | 168.0 | 168.4 |
| Jul 2007 | 167.0 | 167.7 |
| Jun 2007 | 166.4 | 167.3 |
| May 2007 | 164.3 | 165.7 |
| Apr 2007 | 164.0 | 165.7 |
| Mar 2007 | 161.7 | 164.9 |
| Feb 2007 | 157.4 | 164.3 |
| Jan 2007 | 158.9 | 163.3 |
| Dec 2006 | 157.9 | 163.1 |
| Nov 2006 | 158.1 | 162.2 |
| Oct 2006 | 152.5 | 161.3 |
| Sep 2006 | 151.2 | 160.8 |
| Aug 2006 | 151.9 | 159.0 |
| Jul 2006 | 147.7 | 157.2 |
| Jun 2006 | 142.8 | 155.9 |
| May 2006 | 140.3 | 153.1 |
| Apr 2006 | 137.5 | 150.7 |
| Mar 2006 | 130.0 | 147.4 |
| Feb 2006 | 128.3 | 143.9 |
| Jan 2006 | 125.2 | 140.6 |
| Dec 2005 | 122.4 | 138.5 |
| Nov 2005 | 122.1 | 135.6 |
| Oct 2005 | 116.6 | 132.7 |
| Sep 2005 | 112.2 | 129.4 |
| Aug 2005 | 108.5 | 126.4 |
| Jul 2005 | 108.9 | 123.2 |
| Jun 2005 | 109.3 | 121.1 |
| May 2005 | 108.6 | 118.4 |
| Apr 2005 | 107.1 | 116.2 |
| Mar 2005 | 106.5 | 114.2 |
| Feb 2005 | 107.9 | 112.5 |
| Jan 2005 | 107.8 | 110.5 |
| Dec 2004 | 107.1 | 109.5 |
| Nov 2004 | 105.6 | 108.8 |
| Oct 2004 | 104.7 | 107.7 |
| Sep 2004 | 103.6 | 106.2 |
| Aug 2004 | 102.6 | 105.4 |
| Jul 2004 | 103.0 | 104.6 |
| Jun 2004 | 103.6 | 103.6 |
| May 2004 | 104.0 | 102.9 |
| Apr 2004 | 103.8 | 102.1 |
| Mar 2004 | 101.9 | 101.3 |
| Feb 2004 | 101.3 | 100.6 |
| Jan 2004 | 100.0 | 100.0 |
Every fall of 3% or more
From the peak to the lowest month after it, and how long prices took to get back.
| Peak | Low | Fall | Months falling | Months to recover |
|---|---|---|---|---|
| July 2008 | January 2012 | −16.6% | 42 | 62 |
| March 2017 | December 2017 | −4.2% | 9 | 3 |
| September 2019 | July 2020 | −5.1% | 10 | 13 |
| October 2021 | January 2022 | −5.1% | 3 | 17 |
| March 2024 | April 2024 | −3.4% | 1 | 5 |
| October 2025 | May 2026 | −4.0% | 7 | Not 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
| Period | Denmark | EU |
|---|---|---|
| Q2 2026 | 165.6 | 168.6 |
| Q1 2026 | 161.1 | 166.5 |
| Q4 2025 | 156.7 | 164.6 |
| Q3 2025 | 154.6 | 163.5 |
| Q2 2025 | 151.3 | 161.0 |
| Q1 2025 | 148.8 | 158.5 |
| Q4 2024 | 145.6 | 156.2 |
| Q3 2024 | 145.3 | 155.1 |
| Q2 2024 | 141.0 | 152.7 |
| Q1 2024 | 136.7 | 149.8 |
| Q4 2023 | 140.3 | 148.9 |
| Q3 2023 | 138.1 | 149.1 |
| Q2 2023 | 135.7 | 148.2 |
| Q1 2023 | 135.2 | 147.6 |
| Q4 2022 | 141.1 | 148.7 |
| Q3 2022 | 144.4 | 150.9 |
| Q2 2022 | 144.0 | 149.6 |
| Q1 2022 | 141.5 | 146.2 |
| Q4 2021 | 140.1 | 143.2 |
| Q3 2021 | 139.8 | 140.2 |
| Q2 2021 | 136.2 | 136.0 |
| Q1 2021 | 129.0 | 132.1 |
| Q4 2020 | 126.0 | 129.8 |
| Q3 2020 | 123.7 | 128.1 |
| Q2 2020 | 120.8 | 126.3 |
| Q1 2020 | 118.3 | 124.4 |
| Q4 2019 | 117.5 | 122.7 |
| Q3 2019 | 118.7 | 121.5 |
| Q2 2019 | 117.4 | 119.8 |
| Q1 2019 | 114.9 | 117.6 |
| Q4 2018 | 114.7 | 116.8 |
| Q3 2018 | 116.1 | 115.9 |
| Q2 2018 | 115.9 | 114.2 |
| Q1 2018 | 111.6 | 112.3 |
| Q4 2017 | 111.6 | 111.2 |
| Q3 2017 | 112.3 | 110.4 |
| Q2 2017 | 109.8 | 108.8 |
| Q1 2017 | 105.3 | 106.9 |
| Q4 2016 | 107.1 | 106.1 |
| Q3 2016 | 107.7 | 105.4 |
| Q2 2016 | 104.2 | 103.8 |
| Q1 2016 | 99.3 | 102.0 |
| Q4 2015 | 102.8 | 101.1 |
| Q3 2015 | 102.6 | 100.8 |
| Q2 2015 | 100.2 | 99.8 |
| Q1 2015 | 94.5 | 98.3 |
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 Aalborg
Asking prices have an 80% chance of landing between DKK 17,344/m² and DKK 19,547/m² by September 2027.
- Expected, September 2027
- DKK 18,446/m²
- Chance of a rise
- 62%
At the average sale price of houses, a 90 m² home costs DKK 1,466,820. With 10% down and a 30-year mortgage, the payment is DKK 6,288 a month. Denmark sets no cap on the payment; lenders treat debt above four times gross income as high.
- Payment, two incomes
- 13%
- Payment, one income
- 27%
Houses sold in Q2 2026 had first been offered at 5.8% more than they fetched. A year ago the gap was +6.1%.
- Gap today
- +5.8%
- Change in a year
- −0.3 pp
58.4% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 764
- Per 1,000 residents
- 3.4
In 2025 the population grew by 1,453 while 777 homes were finished: 1.9 new residents for every new home.
- New residents per new home, 2025
- 1.9
- Population change, 2025
- +1,453
7.0% of the 125,257 homes registered on 1 January 2026 had nobody living in them.
- Empty, 2026
- 7.0%
- Empty homes
- 8,742
In 2025, 12% of the homes added came from existing buildings rather than new ones.
- Homes from existing buildings, 2025
- 12%