Vienna’s Real Estate Market is Booming

Published: April 28, 2011; 07:14 · (Vindobona)

With the third quarter of 2010, the trend started to reverse for the Viennese real estate market. Property is booming again, rental real estate loses demand.

Vienna’s Real Estate Market is Booming / Picture: © Wikimedia Commons / Fabian Lackner [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)]

Statisticians predict a population growth in cities and their outskirts, while especially structure weak regions and difficult to reach districts will lose. At the same time, the trend towards the single home continues unabated, leading to an increase in the demand of units. For example, there are already beneficiaries of this development in the northern and southern surrounding…

This article includes a total of 266 words.

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