Region Nordjylland · report
Past price cycles in Region Nordjylland
Prices of existing homes have fallen by 3% or more 4 times since 1992. The deepest began in Q1 2008.
- Deepest fall
- −14.2%
- Recovery from the low
- 63 months
Prices in Region Nordjylland and in Denmark, indexed
Statistics Denmark's price index of one-family houses, both set to 100 in Q1 1992.
- Region Nordjylland
- Denmark
- 100 = Q1 1992
Show the numbers
| Period | Region Nordjylland | Denmark |
|---|---|---|
| Q2 2026 | 310.0 | 469.8 |
| Q1 2026 | 310.9 | 456.7 |
| Q4 2025 | 307.1 | 449.8 |
| Q3 2025 | 298.2 | 440.0 |
| Q2 2025 | 298.8 | 433.5 |
| Q1 2025 | 300.0 | 424.5 |
| Q4 2024 | 295.0 | 418.8 |
| Q3 2024 | 295.6 | 412.2 |
| Q2 2024 | 301.8 | 413.5 |
| Q1 2024 | 295.0 | 402.4 |
| Q4 2023 | 286.1 | 402.0 |
| Q3 2023 | 291.4 | 402.9 |
| Q2 2023 | 287.6 | 396.3 |
| Q1 2023 | 284.7 | 388.6 |
| Q4 2022 | 288.5 | 389.8 |
| Q3 2022 | 290.9 | 409.0 |
| Q2 2022 | 300.0 | 418.4 |
| Q1 2022 | 300.6 | 415.9 |
| Q4 2021 | 293.2 | 407.3 |
| Q3 2021 | 294.7 | 407.8 |
| Q2 2021 | 291.7 | 400.4 |
| Q1 2021 | 288.5 | 386.5 |
| Q4 2020 | 280.5 | 371.4 |
| Q3 2020 | 275.8 | 362.0 |
| Q2 2020 | 268.4 | 351.0 |
| Q1 2020 | 266.4 | 345.7 |
| Q4 2019 | 265.2 | 344.9 |
| Q3 2019 | 273.7 | 346.1 |
| Q2 2019 | 270.2 | 344.1 |
| Q1 2019 | 264.0 | 337.6 |
| Q4 2018 | 259.9 | 333.9 |
| Q3 2018 | 264.6 | 335.1 |
| Q2 2018 | 265.5 | 335.1 |
| Q1 2018 | 262.8 | 329.0 |
| Q4 2017 | 259.6 | 322.0 |
| Q3 2017 | 260.8 | 322.9 |
| Q2 2017 | 259.9 | 321.2 |
| Q1 2017 | 258.1 | 312.2 |
| Q4 2016 | 249.9 | 308.6 |
| Q3 2016 | 254.9 | 310.6 |
| Q2 2016 | 251.0 | 306.9 |
| Q1 2016 | 246.6 | 302.4 |
| Q4 2015 | 241.0 | 298.0 |
| Q3 2015 | 243.1 | 298.0 |
| Q2 2015 | 244.5 | 298.0 |
| Q1 2015 | 241.9 | 288.6 |
| Q4 2014 | 233.0 | 280.4 |
| Q3 2014 | 233.9 | 280.0 |
| Q2 2014 | 235.1 | 281.2 |
| Q1 2014 | 228.3 | 273.9 |
| Q4 2013 | 225.1 | 271.8 |
| Q3 2013 | 221.8 | 271.8 |
| Q2 2013 | 230.1 | 272.7 |
| Q1 2013 | 226.3 | 268.2 |
| Q4 2012 | 226.8 | 265.3 |
| Q3 2012 | 224.8 | 266.1 |
| Q2 2012 | 226.5 | 265.7 |
| Q1 2012 | 221.8 | 263.7 |
| Q4 2011 | 220.4 | 265.3 |
| Q3 2011 | 231.6 | 275.1 |
| Q2 2011 | 238.1 | 282.4 |
| Q1 2011 | 229.8 | 280.0 |
| Q4 2010 | 232.2 | 284.9 |
| Q3 2010 | 238.3 | 286.5 |
| Q2 2010 | 231.9 | 285.3 |
| Q1 2010 | 231.0 | 278.8 |
| Q4 2009 | 233.6 | 277.6 |
| Q3 2009 | 237.5 | 278.8 |
| Q2 2009 | 235.7 | 276.7 |
| Q1 2009 | 231.0 | 275.9 |
| Q4 2008 | 241.0 | 292.7 |
| Q3 2008 | 252.8 | 317.1 |
| Q2 2008 | 254.0 | 327.3 |
| Q1 2008 | 256.9 | 324.1 |
| Q4 2007 | 254.3 | 327.8 |
| Q3 2007 | 253.1 | 334.7 |
| Q2 2007 | 249.9 | 333.9 |
| Q1 2007 | 241.9 | 330.6 |
| Q4 2006 | 234.5 | 326.9 |
| Q3 2006 | 235.7 | 328.2 |
| Q2 2006 | 231.6 | 320.0 |
| Q1 2006 | 221.5 | 300.4 |
| Q4 2005 | 209.7 | 281.2 |
| Q3 2005 | 201.2 | 266.5 |
| Q2 2005 | 200.0 | 251.4 |
| Q1 2005 | 190.0 | 237.6 |
| Q4 2004 | 183.8 | 228.2 |
| Q3 2004 | 185.5 | 223.7 |
| Q2 2004 | 181.1 | 217.6 |
| Q1 2004 | 174.6 | 209.4 |
| Q4 2003 | 172.3 | 204.1 |
| Q3 2003 | 171.4 | 203.7 |
| Q2 2003 | 170.2 | 201.6 |
| Q1 2003 | 169.3 | 198.0 |
| Q4 2002 | 168.1 | 197.6 |
| Q3 2002 | 168.1 | 197.1 |
| Q2 2002 | 170.5 | 196.3 |
| Q1 2002 | 165.5 | 192.7 |
| Q4 2001 | 164.3 | 191.0 |
| Q3 2001 | 168.4 | 192.2 |
| Q2 2001 | 167.8 | 190.2 |
| Q1 2001 | 166.4 | 188.2 |
| Q4 2000 | 163.4 | 184.5 |
| Q3 2000 | 165.5 | 182.4 |
| Q2 2000 | 160.5 | 178.8 |
| Q1 2000 | 157.8 | 174.3 |
| Q4 1999 | 155.8 | 171.4 |
| Q3 1999 | 155.5 | 171.0 |
| Q2 1999 | 154.0 | 167.8 |
| Q1 1999 | 152.2 | 165.3 |
| Q4 1998 | 148.7 | 162.9 |
| Q3 1998 | 149.3 | 160.4 |
| Q2 1998 | 146.9 | 158.0 |
| Q1 1998 | 140.4 | 152.2 |
| Q4 1997 | 138.9 | 149.4 |
| Q3 1997 | 137.5 | 148.2 |
| Q2 1997 | 136.3 | 144.5 |
| Q1 1997 | 132.7 | 140.8 |
| Q4 1996 | 128.6 | 137.1 |
| Q3 1996 | 123.9 | 131.4 |
| Q2 1996 | 121.5 | 127.8 |
| Q1 1996 | 118.6 | 124.9 |
| Q4 1995 | 119.5 | 122.9 |
| Q3 1995 | 115.6 | 119.6 |
| Q2 1995 | 113.6 | 116.7 |
| Q1 1995 | 110.3 | 112.2 |
| Q4 1994 | 108.3 | 109.8 |
| Q3 1994 | 106.8 | 108.6 |
| Q2 1994 | 109.4 | 109.8 |
| Q1 1994 | 108.8 | 109.8 |
| Q4 1993 | 103.2 | 104.1 |
| Q3 1993 | 97.6 | 98.4 |
| Q2 1993 | 92.6 | 93.9 |
| Q1 1993 | 94.1 | 94.3 |
| Q4 1992 | 96.5 | 95.5 |
| Q3 1992 | 97.3 | 98.0 |
| Q2 1992 | 100.6 | 100.0 |
| Q1 1992 | 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 |
|---|---|---|---|---|
| Q2 1992 | Q2 1993 | −7.9% | 12 | 6 |
| Q1 2008 | Q4 2011 | −14.2% | 45 | 63 |
| Q3 2019 | Q4 2019 | −3.1% | 3 | 9 |
| Q1 2022 | Q1 2023 | −5.3% | 12 | 15 |
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 Region Nordjylland
Asking prices have an 80% chance of landing between DKK 11,825/m² and DKK 12,929/m² by September 2027.
- Expected, September 2027
- DKK 12,377/m²
- Chance of a rise
- 60%
Figures for Denmark: Region Nordjylland has no reliable figures of its own.
At the average sale price of houses, a 90 m² home costs DKK 959,400. With 10% down and a 30-year mortgage, the payment is DKK 4,113 a month. Denmark sets no cap on the payment; lenders treat debt above four times gross income as high.
- Payment, two incomes
- 8%
- Payment, one income
- 17%
Houses sold in Q2 2026 had first been offered at 8.0% more than they fetched. A year ago the gap was +8.4%.
- Gap today
- +8.0%
- Change in a year
- −0.5 pp
35.1% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 2,110
- Per 1,000 residents
- 3.6
In 2025 the population grew by 417 while 2,050 homes were finished: 0.2 new residents for every new home.
- New residents per new home, 2025
- 0.2
- Population change, 2025
- +417
10.1% of the 328,121 homes registered on 1 January 2026 had nobody living in them.
- Empty, 2026
- 10.1%
- Empty homes
- 33,245
In 2025, 12% of the homes added came from existing buildings rather than new ones.
- Homes from existing buildings, 2025
- 12%
Public bodies signed DKK 559.6M of housing works here in 2025, and DKK 1.8B since 2017.
- Signed in 2025
- DKK 559.6M
- Per resident, 2025
- DKK 944