Article Tools

Major Changes in Viennese Property Market

Published: December 20, 2013; 07:38 · (Vindobona)

After 2008, frame conditions in the Viennese residential property market have changed fundamentally. Four major trends were observable.

Major Changes in Viennese Property Market / Picture: © Flickr

In the last years, the Viennese property market sent four signals. First, the price level continues to increase steadily. Since 2008, the price level of residential property was up by 30%. Second, the heterogeneity of Viennese properties is diminishing gradually. According to Andreas Wollein, head of the Austrian Real Estate Industry Association (ÖVI), there are no bad districts…

This article includes a total of 191 words.

or Log In

Fast News Search
Related News
Buwog's Spin Off More Likely than IPO (December 19, 2013)
Immofinanz Increases Net Profit by More than 50 Percent (December 18, 2013)
Austrian Real Estate Market: Prices Stagnate on a High Level (December 18, 2013)
CA Immo Sells Mercedes Headquarter (December 17, 2013)
Austrian Property Market: Housing Still Affordable (December 7, 2013)
Read More
Property Market, Real Estate Industry
Featured
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter