The economic chambers of Vienna and Lower Austria and two private housing providers have examined the development of housing construction and the housing supply. In recent years, depending on the sector, there have been various, sometimes dynamic, market movements. The “Krone” has collected statistics and analyses.
The two chambers of commerce, which account for about a third of Austrian economic production, have analyzed: In Lower Austria alone, houses have become almost 90 (!) percent more expensive over the past seven years. However, condominium prices have fallen significantly in many places in 2023. In some cases there has been a huge increase in rental apartments. The reasons, like the regions, differ.
Source: Krone
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