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Real Estate in Austria: Record Demand Despite Price Increase

Heute, 05:02

Real estate prices in Austria increased by an average of 2.6 percent last year, with particularly strong increases in Upper Austria, Lower Austria, and Northern Burgenland, while the increase in Vienna was only 1.5 percent.

The purchase prices for apartments and houses rose by an average of 2.6 percent last year, after a declining trend in the previous two years. According to Statistics Austria on Thursday, new housing became 2.9 percent more expensive in 2025, while existing housing increased by 2.5 percent. Sales increased by a good 18 percent compared to 2024. This represented the strongest increase in more than ten years, according to the authority.

Real Estate Prices: This is the Situation in the Federal States

Prices had decreased by 1.6 percent on average in 2024 and even by 4.1 percent in 2023. Last year, the increase in Upper Austria, Lower Austria, and Northern Burgenland was stronger at 3 percent than in the south, west, and the federal capital. In Carinthia, Styria, Southern and Middle Burgenland, there was an increase of 2.2 percent; in Salzburg, Tyrol, and Vorarlberg, it was 2.1 percent. Vienna saw the smallest price increase of 1.5 percent.

(APA/Red)

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