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Thursday, August 20Thursday, August 20
Copenhagen’s housing market showed sharp signs of cooling in July, with only 407 owner-occupied apartments sold in Copenhagen Municipality, a 24 percent drop from June and a 40 percent decline compared with July 2025, according to data from Boligsiden reported on Aug. 20 .
Nordea housing economist Lise Nytoft Bergmann noted that monthly sales in the city typically range between 400 and 600, with prices historically falling when transactions dip below 400. “With 407 sales in July, the Copenhagen owner-occupied apartment market is therefore very close to the level where history begins to flash red,” Bergmann wrote in a commentary .
The slowdown was reflected in pricing data released earlier in August by Boligsiden, which showed no increase in average apartment sale prices in Copenhagen from June to July, following a prolonged period of sharp price growth . Nationwide, apartment sales fell by 22 percent year-on-year in July, according to Boligsiden communications director and housing economist Birgit Daetz, who added that demand for owner-occupied apartments is no longer as high as before, particularly in the capital .
Daetz stated that the figures indicate fewer transactions, rising supply, and flattening price growth, which collectively suggest reduced competition for apartments. “We now see in the numbers that fewer apartments are being sold, supply is increasing, and price development is flattening out. This overall points to the fact that there is no longer the same rush for owner-occupied apartments,” she said in a press release .
The Copenhagen Post also reported the same sales figures and decline on Aug. 20, noting the market’s proximity to a potential price drop .
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