Austria: Real Estate Prices Tend to Stabilize

Published: September 10, 2013; 07:13 · (Vindobona)

In the first half of 2013, the average price increase was only 0.3%. The danger of a real estate bubble in Austria is rather small.

Austria: Real Estate Prices Tend to Stabilize / Picture: © Flickr

According to the Austrian real estate platform immobilien.net, prices for new owner-occupied flats were only up by 0.3% in the first six months of 2013. As a result, Austrian real estate prices were down in real terms.

In Austria´s capital Vienna, by contrast, the price increase remains unstopped. Compared to the reference period of 2012, prices were up by 3.8%. Real estate…

This article includes a total of 93 words.

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