5 Countries where Housing Prices are Declining or Flat

4. Denmark

1 Year % Change in Real House Prices: -8.05%

3 Year % Change in Real House Prices: 14.16%

Affordability Index: 104.03

Average Score: 4.25

In 2023, the Danish housing market showed a steady decline in prices due to a higher interest rate. Experts have also predicted lower prices due to the general economic slowdown in the country. Prices of single-family homes have been predicted to go down by 8% by the end of 2023 and stabilize in the next year. Meanwhile, the average price per square meter in Denmark currently stands at around $4,300.