Austrian Real Estate Prices Flatten

Published: January 4, 2013; 22:45 · (Vindobona)

Although real estate supply is shrinking slightly, the price curve flattens. Real estate prices are expected to increase by 2.8% this year.

Austrian Real Estate Prices Flatten / Picture: © Flickr

According to the real estate supplier Remax, demand for real estate is expected to grow by 2.4% this year. “Nevertheless, the price curve is flattening.” Anton Nenning, Managing Director at Remax Austria explains. On average, prices are expected to increase by 2.8%. Last year, the average increase came at 4.2%. The highest increase is expected for owner-occupied flats (+5.9%) and…

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