Offer of villas and townhouses is the lowest in ten years

The past month is the supply of villas and townhouses in the Danish housing market has fallen by 2.6 percent.

the Fall means that the supply is the lowest in ten years. According to new figures from Boligsiden.

In June, came close on the 6700 houses for sale. It is at the normal level, but there is so much going on in the sales, that is thinned out in the number of homes to choose from for the buyers.

It explains Birgit Daetz, communication director at Boligsiden, in a press release.

- When there are so many new houses for sale, and the supply continues to fall, it is because the sales are going very well. The past two months have shown surprisingly great sales figures.

- the Sellers understand that the buyers are there, so they put now for sale in a big way. They just can't do it at the same pace, as the buyers get the goods down from the shelves, says Birgit Daetz.

The low supply of houses nationwide covers a broadly similar development in the different parts of Denmark. In four of the country's five regions, the supply has not been lower in the past ten years.

Only in the north, there are some months between 2017 and 2019, where the supply was lower.

- It is a nationwide trend, the supply is low. We take the Capital Region, as an example, the supply dropped eight percent in the past month and over 20 percent the past year.

- the Reason is a combination of the high sales and the challenges that have been with the corona, where the sellers are in a period of time was reluctant to put up for sale, says Birgit Daetz.

According to Boligsiden, there are also far fewer homes and condos to choose from for the buyers.

the Supply of homes has declined 34 percent the past year, while there are 16 percent fewer condos on the market now than a year ago.