No Asset Bubble in Austria

Professional ServicesReal Estate ♦ Published: September 14, 2013; 18:20 ♦ (Vindobona)

Despite the growing property prices in the last years, Austria does not face a real estate bubble.

No Asset Bubble in Austria / Picture: ©

In the last years, a number of Austrian regions registered massively growing prices. Above all, Austria´s capital Vienna has been recording disproportionately high growth rates in the last years.

In contrast to the rest of Austria, the price increase in Vienna remains unstopped. Compared to the reference period of 2012, prices were up by 3.8%. According to real estate experts,…