Super-year for home owners: House owners can cheer

In a long number of years is increased more than houses in price, but the last 12 months in a row, it has been vice versa. It shows data from Statistics Denma

Ann McDonald
Ann McDonald
31 January 2020 Friday 16:00
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Super-year for home owners: House owners can cheer

In a long number of years is increased more than houses in price, but the last 12 months in a row, it has been vice versa.

It shows data from Statistics Denmark.

In november increased house prices by 3.0 percent compared with the same month the year before. The apartments have risen 1.9 per cent in the same period.

- house Prices have more speed than ejerlejlighedspriserne, because the traded houses in an extent not seen in 12 years - all the while-go on ejerlejlighedsmarkedet has slowed, says Mira Lie Nielsen, boligøkonom in Nykredit.

- at the same time the buyers in the market has become more discerning and require greater rebates. Therefore, there has now for a year been major price increases for householders than for ejerlejlighedsejerne, she says in a written comment.

According to Statistics Denmark 2019 and heading towards to be among the best years of this millennium home sales.

You should be completely back to 2005 to find a year with more sold homes. Over the last 20 years is 2019 the year with fjerdeflest home sales.

the Development covers more sold houses and cottages. In turn, sales of apartments has gone to the back.

Mira Lie Nielsen explains the development that the Danish economy has been progressing over a number of years. At the same time, interest rates at a record low level, making it cheaper to lend to boligdrømme than normal.

- a Great many danes have steady work, and at the same time the decline in interest rates on the decline in interest rates pushed the cost of funding of house purchase down to the lowest level ever, she says in a comment.

At Arbejdernes Landsbank expect chief economist Jeppe Juul Borre, that house prices will rise three percent this year. In return, you must expect unchanged rates at the apartments.

- Tailwind from the good rates in the Danish economy and low interest rates kept in check by the headwind on the lejlighedsmarkedet, which consists of tighter lånekrav, very new buildings as well as a price level at which there are not as many as in the past, who want to be with, he says in a comment.

Updated: 31.01.2020 16:00