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Statistical processing

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Prices and Consumption, Economic statistics
Maya Drewsen
+45 3917 3439

mdr@dst.dk

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Announcements of forced sales of real property

Data for these statistics are collected electronically from the Danish Official Gazette. To avoid major fluctuations, Statistics Denmark performs trouble-shooting of the collected data to ensure that the same owner is only counted once within the month in question. Furthermore, trouble-shooting is performed to make sure that second announcements about the same real property, cancellations, confirmations, reprints, change of court date, discontinuance, affirmation, attachment, delay, default etc. are not included in the statistics. Subsequently, the forced sales are broken down into the various property categories and geographical areas.

Source data

The Danish Official Gazette.

Frequency of data collection

Data is collected on an ongoing basis.

Data collection

Data for the forced sales statistics are collected electronically directly from the Danish Official Gazette.

Data validation

The collected data originates from the information entered in the Danish Official Gazette, where data input errors may occur. This means that the same owner may be stated differently and, as a result, potentially be counted several times. Moreover, there may be deviations in relation to the register data where the indicated property category in the advertisement differs from the one in the Building and Housing Register.

Data compilation

To avoid major fluctuations in the statistics as a short-term economic indicator, the same situation or linked cases – to the extent possible – are only counted once. This is done by screening out announcements with the same owner within the month in question, second announcements about the same real property, cancellations, confirmations, reprints, change of court date, discontinuance, affirmation, attachment, delay, default etc.

The property categories are created based on information from the collected data combined with the use codes of Denmark's tax authority, SKAT; and the statistics are broken down geographically by regions (2007-) and municipalities (2012-).

Adjustment

The monthly forced sales of real property in total are seasonally adjusted.