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Prices and Consumption, Economic Statistics
Jakob Holmgaard
+45 24 87 64 56

jho@dst.dk

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Sales of real property

There is a great interest for the published numbers among users, which follows the currently economic business cycle. The statistics of sales of real properties are relevant for the banking- and financial sector, real estate agents, politicians, researchers and the news media. The users consider the statistics for sales of real estate properties as an important economic indicator. The statistics have a high profile in the press and among other professional users.

User Needs

Estate agents and other interested parties use the statistics to follow developments in the number of sales and prices for different types of real property within selected geographical areas. The statistics are also used for monitoring short-term economic trends.

Since 26 March 2024, a new price index has been introduced for one-family houses, owner-occupied flats and weekend cottages based on population weights in tables EJ56 (quarterly figures) and EJ67 (annual figures). The change meets a user request and means that the price index for regions and the national level combines the price indices for the 11 provinces of the country with population weights, where trade weights were previously used that reflected the property valuation for the properties traded in the period (quarter or year).

User Satisfaction

There is not gathered knowledge of user satisfaction for this statistic. However, in 2013, a contact group consisting of internal and external experts in this area was established. The primary task of the contact group is to discuss and evaluate the published results as well as planned developments in the area. The contact group also debates the current trends and issues around price index for real properties.

Data completeness rate

The statistics meet the requirements of guidelines and / or regulations as presented by the EU, except that work that is underway to develop a price index for cooperative housing, which must be included in the house price index.