Real Estate
House Prices in Denmark Rise as Wages Go Up And Interest Rates Stabilize
- House prices are up 4% since February following big slump
- Denmark set to avoid same decline seen in neighboring Sweden
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Home prices in Denmark rose for a fifth consecutive month, spurred by increased purchasing power and stabilizing interest rates.
House prices increased 0.4% in July from the previous month and by almost 4% since February, real estate data provider Boligsiden said on Thursday. Prices for apartments are up by more than 5% over the five months. The rebound comes after prices in both segments dropped more than 10% from the peak last year.