Estimated premia in the stock market in 2008 lie one third and two thirds below their values at the beginning of the 1980s, in the euro area and the US respectively.
Apartments have seen even larger price increases. Greater Copenhagen and the major provincial towns have accounted for the strongest price increases, implying an uneven distribution across the country. Are the strong price increases signs of a price bubble about to burst? In overall terms that is hardly the case.