Austrian Real Estate Market Cools Down

Professional ServicesReal Estate ♦ Published: January 2, 2014; 21:50 ♦ (Vindobona)

While urban rented apartments will grow moderately, the commercial property market is expected to shrink significantly.

Austrian Real Estate Market Cools Down / Picture: ©

According to Austrian real estate experts, a trend reversal has begun in the Austrian market. The highest price increases are anticipated in the segments of centrally located rented apartments (+4.1%) and owner-occupied apartments (+3.8%).

The price for building ground is anticipated to increase by 1.0%. A slight price increase is forecasted in the segment of suburban rented…