Boom in Viennese Real Estate Market Persists

Published: October 8, 2012; 20:13 · (Vindobona)

According to the real estate service supplier findmyhome.at, the price increase in the residential housing segment and the rental market goes on.

Boom in Viennese Real Estate Market Persists / Picture: © Flickr

In the third quarter of 2012, rents grew by 3.0% in Vienna. In the second quarter, the price increase was 2.5%. On average, rents reach € 13.89 per square meter. In the inner districts, the price comes at 15,34 per square meter. Bernd Gabel-Hlawa explains that the third quarter is traditionally driven by a massive inflow of students. As a result, small apartments in inner districts…

This article includes a total of 255 words.

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