Demand for Real Estate Remains on a High Level

Published: August 10, 2011; 22:51 · (Vindobona)

In the first half of 2011 Austrians invested € 8.3bn in real estate. Vienna remained the number one region with a total volume of € 2.31bn.

Demand for Real Estate Remains on a High Level / Picture: © Vindobona.org

According to a study by the real estate franchise operator RE/MAX, 45,528 real estate transactions were entered in the Austrian land register in the period from January to June 2011. This figure corresponds to a plus of 0.35% or 162 transactions compared to the first half of 2010, which was characterized by booming demand. Total sales volume amounted to € 8.28bn, a decline of € 522m…

This article includes a total of 164 words.

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