Feb 19 • 05:33 UTC 🇩🇰 Denmark Politiken

"It's such a crazy amount that we started by checking all the numbers to see if it was simply a mistake"

The skyrocketing real estate prices in Copenhagen have made it extraordinarily difficult for young first-time homebuyers to afford properties, yet they are purchasing at an unprecedented rate.

The Copenhagen real estate market has seen a dramatic increase in prices, with a reported rise of 24.3% in 2025, pushing the average price per square meter above 70,000 kroner. This surge means that even individuals earning 800,000 kroner annually would take 12 years to save for the average down payment on a condominium. Despite these obstacles, half of the current buyers consist of young first-time purchasers who are making substantial cash offers, often financing their purchases entirely through savings rather than loans.

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