Graph and download economic data for Residential Property Prices for Austria (QATN628BIS) from Q3 1986 to Q1 2025 about Austria, residential, HPI, housing, price index, indexes, and price.

Housing Index in Austria increased to 164.71 points in the first quarter of 2025 from 163.23 points in the fourth quarter of 2024. This dataset provides - Austria House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about House Prices Growth

• Austria house prices dropped 2.1% YoY in Dec 2024, following a decrease of 3.5% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Sep 1987 to Dec 2024, with an average growth rate of 4.1%.
• House price data reached an all-time high of 33.4% in Sep 1988 and a record low of -6.4% in Dec 2001.

Graph and download economic data for Real Residential Property Prices for Austria (QATR368BIS) from Q3 1987 to Q1 2025 about Austria, residential, housing, real, and price.

The Austrian real estate market, exhibiting a Compound Annual Growth Rate (CAGR) of 4.00% between 2019 and 2024, presents a dynamic investment landscape. Driven by factors such as a growing population, increasing urbanization, and a robust economy, particularly in key cities like Vienna, the market shows strong potential for sustained growth. The segment comprising single-family homes remains a significant portion of the market, although multi-family dwellings are experiencing a surge in demand fueled by rising rental costs and changing demographic trends. While limited data restricts precise quantification, we can infer that Vienna and other major urban centers contribute significantly to the overall market size, potentially exceeding 50% of the total value. Key players like ELK Fertighaus GmbH and Wolf Systembau Gesellschaft m b H are shaping the market with innovative construction methods and designs. Regulatory changes concerning energy efficiency standards and sustainable construction are influencing the market, promoting the adoption of environmentally friendly practices. However, factors such as increasing construction costs and potential interest rate fluctuations pose challenges to the market's sustained expansion. Looking forward, the forecast period (2025-2033) suggests continued expansion, with the CAGR of 4% likely to persist if economic conditions remain stable. The market's segmentation will likely continue its current trend, with a strong focus on sustainable and energy-efficient buildings in response to both consumer demand and government incentives. International investment will likely remain an important factor, especially in the luxury residential sector and commercial real estate development in major cities. Competition amongst established players and the emergence of new companies will intensify. Continued monitoring of macroeconomic indicators and regulatory frameworks will be essential for accurate forecasting and effective investment strategies. This comprehensive report provides an in-depth analysis of the Austrian real estate market, covering the historical period (2019-2024), the base year (2025), and forecasting market trends until 2033. This report is crucial for investors, developers, and anyone seeking a clear understanding of this dynamic market. We delve into key segments – single-family homes, multi-family dwellings, and industrial developments – to offer a holistic view, providing invaluable insights for strategic decision-making. Search terms like Austrian real estate market, Vienna property market, Austrian housing market trends, Austrian real estate investment, and Austrian construction industry are strategically incorporated throughout. Recent developments include: January 2023: The residential project is being completed for the Neunkirchen non-profit housing and settlement cooperative by the SWIETELSKY branch office for building construction in Lower Austria and Burgenland as part of the general contractor. On a roughly 4,000-square-meter plot, 38 low-rise residential apartments with subsidies are being developed, along with 75 underground parking spaces., January 2023: The non-profit cooperatives GEDESAG and SCHNERE ZUKUNFT are constructing a total of 40 residential units in the Waldviertel neighborhood thanks to the SWIETELSKY subsidiary. For the non-profit Donau-Ennstalersiedlungs AG, 16 apartments and six semi-detached homes are being constructed in the heart of Gföhl. The 105 square meters of living space in the semi-detached homes at Seilergasse 5 will be split between the ground level, the upper floor, and a basement that is roughly 60 square meters in size. A two-story residential building is situated close by. Living spaces in the 16 units range from 55 to 84 square meters.. Key drivers for this market are: Increasing Demand of prefabricated Housing in GCC, Government Initiatives Driving the Construction. Potential restraints include: Low construction tolerance, supplier dependance and expensive development. Notable trends are: The decrease in Labor Force in Austria is driving the demand of prefabricated houses.

Residential Property Prices in Austria increased 0.38 percent in March of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Austria Residential Property Prices.

Austria Prefabricated Housing Market is segmented by type (single family and multifamily). The report offers market size and forecasts for Austria's prefabricated housing market in terms of value (USD million) for all the above segments.

The Austrian real estate market, exhibiting a Compound Annual Growth Rate (CAGR) of 4.00% from 2019 to 2024, presents a robust investment opportunity. While precise market size figures for 2025 are unavailable, extrapolation from the historical data and considering typical market fluctuations suggests a market value of approximately €50 billion in 2025. This estimate accounts for potential variations in construction activity, economic growth, and regulatory influences. Key drivers include a growing population, increasing urbanization, and strong investor interest fueled by low interest rates and a relatively stable political environment. However, rising construction costs and material shortages, particularly following global supply chain disruptions, present significant restraints. The market is segmented by property type, primarily into single-family homes and multi-family dwellings. Single-family homes are expected to maintain a significant market share due to sustained demand from individual buyers, while the multi-family sector, driven by apartment rentals and increased housing density in urban areas, shows promising growth potential. Prominent companies like Swietelsky AG, ELK Fertighaus GmbH, and others contribute to the construction and development segments. Regional analysis reveals that major cities like Vienna and Salzburg will likely showcase higher transaction volumes and stronger value appreciation compared to rural areas. The forecast for 2025-2033 projects continued growth, though the pace might slightly moderate due to anticipated interest rate adjustments and potential macroeconomic changes. Despite the challenges, the Austrian real estate market remains attractive for both domestic and international investors. Long-term growth projections remain positive, with continuous development of sustainable and energy-efficient housing expected to shape the market in coming years. The segment focusing on environmentally friendly building materials and technologies is likely to attract significant investment and gain market share. Continued economic stability and government policies supporting the real estate sector are crucial for maintaining this growth trajectory. Recent developments include: January 2023: The residential project is being completed for the Neunkirchen non-profit housing and settlement cooperative by the SWIETELSKY branch office for building construction in Lower Austria and Burgenland as part of the general contractor. On a roughly 4,000-square-meter plot, 38 low-rise residential apartments with subsidies are being developed, along with 75 underground parking spaces., January 2023: The non-profit cooperatives GEDESAG and SCHNERE ZUKUNFT are constructing a total of 40 residential units in the Waldviertel neighborhood thanks to the SWIETELSKY subsidiary. For the non-profit Donau-Ennstalersiedlungs AG, 16 apartments and six semi-detached homes are being constructed in the heart of Gföhl. The 105 square meters of living space in the semi-detached homes at Seilergasse 5 will be split between the ground level, the upper floor, and a basement that is roughly 60 square meters in size. A two-story residential building is situated close by. Living spaces in the 16 units range from 55 to 84 square meters.. Notable trends are: The decrease in Labor Force in Austria is driving the demand of prefabricated houses.

Real residential property prices Y-on-Y, percent change in Austria, March, 2025 The most recent value is -2.68 percent as of Q1 2025, an increase compared to the previous value of -2.94 percent. Historically, the average for Austria from Q1 1990 to Q1 2025 is 1.99 percent. The minimum of -10.2 percent was recorded in Q2 2023, while the maximum of 25.31 percent was reached in Q1 1991. | TheGlobalEconomy.com

Companies operating in the third-party real estate industry have had to navigate numerous economic headwinds in recent years, ranging from rising interest rates, spiralling inflation and muted economic growth. Typically, estate agents can earn income via fees and commissions charged to clients, which allows them to protect their operating profit margin from property price fluctuations. Revenue is projected to sink at a compound annual rate of 0.6% over the five years through 2025, including an estimated rise of 1.2% in 2025 to €207.6billion, while the average industry profit margin is forecast to reach 35.1%. Amid spiralling inflation, central banks across Europe ratcheted up interest rates, resulting in borrowing costs skyrocketing in the two years through 2023. In residential markets, elevated mortgage rates combined with tightening credit conditions eventually ate into demand, inciting a drop in house prices. Rental markets performed well when house prices were elevated, being the cheaper alternative for cash-strapped buyers. However, even lessors felt the pinch of rising mortgage rates, forcing them to hoist rent to cover costs and pricing out potential buyers. This led to a slowdown in rental markets in 2023, weighing on revenue growth. However, this have started to turn around in 2025 as interest rates have been falling across Europe in the two years through 2025, reducing borrowing costs for buyers and boosting property transactions. This has helped revenue to rebound slightly in 2025 as estate agents earn commission from property transactions. Revenue is forecast to swell at a compound annual rate of 3.7% over the five years through 2030 to €249.5 billion. Housing prices are recovering in 2025 as fixed-rate mortgages begin to drop and economic uncertainty subsides, aiding revenue growth in the short term. Over the coming years, Proptech, which has been heavily invested in, will force estate agents to adapt, shaking up the traditional real estate industry. A notable application of Proptech is the use of AI and data analytics to predict a home’s future value and speed up the process of retrofitting properties to become more sustainable.

Innsbruck was the most expensive Austrian city to buy an apartment in, with average values of 7,760 euros per square meter in the first quarter of 2024. The price of an apartment in Graz was significantly lower at 4,380 euros per square meter.

Austria - Selected residential property prices, Nominal, Year-on-year changes, in per cent

Graph and download economic data for Harmonized Index of Consumer Prices: Actual Rentals for Housing for Austria (CP0410ATM086NEST) from Jan 1996 to Jun 2025 about Austria, harmonized, rent, CPI, housing, price index, indexes, and price.

The Austria Property and Casualty Insurance Market is Segmented by Line of Business (Motor (MTPL, Casco), Property (Residential, Commercial), General Liability and More), Customer Type (Individual, Sme's and More), Distribution Channel (Agents, Broker, Bancassurance, Direct and More), and Region (Vienna, Lower Austria, Upper Austria and More). The Market Forecasts are Provided in Terms of Value (USD).

The Direct Real Estate Activities industry have come up against numerous headwinds in recent years, ranging from the COVID-19 outbreak in 2020 to the high base rate environment in the years since, which has inflated borrowing costs for potential buyers. This is a sharp contrast to the ultra-low interest environment seen over the decade following the 2008 financial crisis. Still, revenue is forecast to edge upwards at a compound annual rate of 0.6% over the five years through 2025 to €622.9 billion, including an anticipated rise of 0.8% in 2025. Despite weak revenue growth, profitability remains strong, with the average industry profit margin standing at an estimated 18.9% in 2025. Central banks across Europe adopted aggressive monetary policy in the two years through 2023 in an effort to curb spiralling inflation. This ratcheted up borrowing costs and hit the real estate sector. In the residential property market, mortgage rates picked up and hit housing transaction levels. However, the level of mortgage rate hikes has varied across Europe, with the UK experiencing the largest rise, meaning the dent to UK real estate demand was more pronounced. Commercial real estate has also struggled due to inflationary pressures, supply chain disruptions and rising rates. Alongside this, the market’s stock of office space isn’t able to satisfy business demand, with companies placing a greater emphasis on high-quality space and environmental impact. Properties in many areas haven't been suitable due to their lack of green credentials. Nevertheless, things are looking up, as interest rates have been falling across Europe over the two years through 2025, reducing borrowing costs and boosting the number of property transactions, which is aiding revenue growth for estate agents. Revenue is slated to grow at a compound annual rate of 4.5% over the five years through 2030 to €777.6 billion. Economic conditions are set to improve in the short term, which will boost consumer and business confidence, ramping up the number of property transactions in both the residential and commercial real estate markets. However, estate agents may look to adjust their offerings to align with the data centre boom to soak up the demand from this market, while also adhering to sustainability commitments.

The investment volume in the commercial real estate market in Vienna, Austria has fluctuated since 2013. It can be seen that between the period of 2016 and 2017 the investment volume nearly doubled to a total of nearly *** billion euros in 2017. In 2021, the investment volume amounted to approximately *** million euros.

The coronavirus (COVID-19) pandemic had a major impact on the commercial real estate sector, affecting investment activity across most countries in Europe.

The house price to income ratio in Austria in the first quarter of 2024 declined notably since its peak in 2022. The ratio measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. Austria's index score in the first quarter of 2024 amounted to *****, which means that house price growth has outpaced income growth by almost ** percent since 2015. This was higher than the average house price to income ratio in the Euro area **.

The average rent price of residential property in Austria has increased year-on-year since the beginning of the reporting period. In 2023, the average rent in Austria was approximately 9.4 euros per square meter. Salzburg had the highest prices, at 11.3 euros per square meter. Across the major European housing markets, house prices and rents have been increasing steadily in recent years.

Austria - Selected residential property prices, Real, Index, 2010 = 100

Austria Prefabricated Housing Market size was valued at USD 1.2 Billion in 2024 and is projected to reach USD 1.9 Billion by 2032, growing at a CAGR of 6% during the forecast period from 2025-2032.

Austria Prefabricated Housing Market: Definition/ Overview Prefabricated housing refers to homes that are manufactured off-site in a factory setting and then transported to their final location for assembly. These homes are typically made of standardized components such as walls, floors, and roof panels, which are pre-constructed and then assembled quickly at the construction site. The primary applications of prefabricated housing include residential buildings, affordable housing projects, emergency shelters, and vacation homes. The future scope of prefabricated housing looks promising, with increasing demand for cost-effective, sustainable, and quickly built housing solutions. Advances in technology, eco-friendly materials, and customization options are expected to drive the growth of this sector, making it an attractive alternative to traditional housing methods, particularly in urban and high-demand areas.