Austrian Real Estate Market Returns to Normality

Professional Services › Real Estate ♦ Published: December 26, 2013; 22:41 ♦ (Vindobona)

Demand is slowing down again. Nevertheless, the price level remains high.

Austrian Real Estate Market Returns to Normality / Picture: © Vindobona.org

In the ten years, Austrian property prices climbed up substantially. In Austrian cities, the price for residential housing was up by 80%.

Above all, the Austrian real estate market was booming in the years from 2010 to 2012. In 2013, however, the Austrian real estate market lost momentum. While there was a significant price growth in the first half of the year, growth flattened…

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