Demand for loans plummeted, projects were put on hold – and instead of realizing the dream of owning a house, many people realized: we’re still renting! But since interest rates have fallen slightly again, hope for purchasing a home has returned. You can read here what you should pay attention to when purchasing.
“This is a good time to buy,” said RE/MAX Austria boss Bernhard Reikersdorfer last week when the real estate specialist he heads published the latest figures for the single-family housing market in Austria in the first half of 2024. And they made it clear: the home prices fall.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
