Real Estate Prices Still on the Rise

Professional ServicesReal Estate ♦ Published: January 2, 2012; 15:48 ♦ (Vindobona)

Rents were up by 2.7% in Vienna. Property prices rose by 2.2%. A further increase is expected.

Real Estate Prices Still on the Rise / Picture: © Vindobona.org

“Especially in the medium price segment, which is highly demanded, property is scarce. This raises prices significantly.”, the real estate experts Bernd Gabel-Hlawa and Benedikt Gabriel say on the occasion of the presentation of the Viennese real estate barometer.

In 2011, a rent increase by 2.7% has been observed in the Austrian capital. The average price per square meter is…

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