Danish Property Federation chief executive Torben Christensen said: "The property market is slow at the moment, but not entirely frozen".
He pointed out that rental income in commercial property had improved over the past 6-9 months.
"Office is quite positive", he said. "Things are going on. There are problems in private housing, but not in the investment market, especially not in prime. There are signs of spring in the air – but we could use a bit more activity".
Morten Marott Larsen, chief economist at the Danish Property Federation, attributed recent low transaction volumes in residential to continuing uncertainty in the market.
"People were scared by August's stock market volatility, and they're still getting over the bubble and crash a couple of years back", he said. "There was a big bubble on the private market, less so in the commercial market".
Source: http://www.ipe.com/realestate/danish-real-estate-market-slow-but-not-frozen_41924.php