It was also reported that the rental market throughout the region is weak, although again, some countries are stronger than others.

Marie Bucht, Head of Advice at Newsec , points out that Denmark is leading the recovering, with stable trend in rents in Copenhagen.

Falling rent levels in Sweden and Finland , depite low interest rates, show that there is no rebound there yet, but the rates are falling at a slower extent than previously.
 
Rents in Oslo are expected to stabilize towards the end of 2009, while in Stockholm the largest falls have porbably already occurred.

There is a long way to go to return to normal, however. In the first half of 2009 transaction volume on the Nordic and Baltic property markets declined 80% to a record low. Numbers are similar in other Scandinavian countries.