Residential Property Prices for Denmark
QDKN368BIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.78
Year-over-Year Change
111.78%
Date Range
1/1/1971 - 1/1/2025
Summary
The Residential Property Prices for Denmark index measures changes in the prices of residential properties in Denmark. This data is critical for understanding the health of the Danish housing market and broader economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Residential Property Prices for Denmark index is a key indicator of real estate activity and price trends in the country. It is used by policymakers, investors, and analysts to gauge the strength of the Danish housing sector and make informed decisions.
Methodology
The data is collected and calculated by the Bank for International Settlements (BIS) based on sources from Denmark's national statistical agency.
Historical Context
Residential property prices are closely watched by the Danish central bank and government for their implications on consumer wealth, mortgage lending, and overall economic stability.
Key Facts
- Denmark has one of the highest home ownership rates in Europe.
- Residential property prices in Denmark have risen over 50% since 2010.
- The Danish housing market is closely tied to the country's overall economic performance.
FAQs
Q: What does this economic trend measure?
A: The Residential Property Prices for Denmark index measures changes in the prices of residential properties across the country.
Q: Why is this trend relevant for users or analysts?
A: Residential property prices are a key indicator of economic conditions and consumer wealth, making this data highly relevant for policymakers, investors, and analysts tracking the Danish housing market.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bank for International Settlements (BIS) based on sources from Denmark's national statistical agency.
Q: How is this trend used in economic policy?
A: Residential property prices are closely monitored by the Danish central bank and government for their implications on consumer wealth, mortgage lending, and overall economic stability.
Q: Are there update delays or limitations?
A: The Residential Property Prices for Denmark data is updated quarterly and may be subject to revisions by the collecting agency.
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Citation
U.S. Federal Reserve, Residential Property Prices for Denmark (QDKN368BIS), retrieved from FRED.