Austria: Real Estate Prices Still Soaring

Professional ServicesReal Estate ♦ Published: February 18, 2014; 09:19 ♦ (Vindobona)

Barely any other city in Europe saw prices rising as high for residential real estates as Vienna.

Austria: Real Estate Prices Still Soaring / Picture: ©

While prices for newly purchased condominums were still below the average of the price increase in real estates their values still increased higher than the average inflation rate.

However, now this trend seems to slacken; at least in some market segments. This was pointed out by ImmoDEX, an analysis of offer prices of commercial providers (brokers, property administrators,…