Housing Index in Austria increased to 167.84 points in the second quarter of 2025 from 165.17 points in the first quarter of 2025. 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 grew 1.8% YoY in Sep 2025, following a decrease of 0.3% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Sep 1987 to Sep 2025, with an average growth rate of 7.5%.
• House price data reached an all-time high of 33.4% in Sep 1988 and a record low of -6.4% in Dec 2001.

Discover the booming Austrian real estate market! Our analysis reveals a 4% CAGR, driven by urbanization and strong economic growth. Explore key trends, leading companies like ELK Fertighaus and Wolf Systembau, and regional insights for Vienna and beyond. Forecast to 2033. 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.

Graph and download economic data for Real Residential Property Prices for Austria (QATR628BIS) from Q3 1986 to Q2 2025 about Austria, residential, HPI, housing, real, price index, indexes, and price.

Innsbruck was the most expensive Austrian city to buy an apartment in, with average values of 7,700 euros per square meter in the first quarter of 2025. The price of an apartment in Graz was significantly lower at 4,590 euros per square meter.

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.

House Price Index YoY in Austria decreased to 2.10 percent in the second quarter of 2025 from 3.50 percent in the first quarter of 2025. This dataset includes a chart with historical data for Austria House Price Index YoY.

Forecast: Gross Investment in Real Estate Activities Sector in Austria 2024 - 2028 Discover more data with ReportLinker!

Forecast: Employees in Real Estate Sector in Austria 2024 - 2028 Discover more data with ReportLinker!

The house price to income ratio in Austria amounted to ****** points in the first quarter of 2025. This is higher than the observation from the first quarter one year earlier, when the ratio had been ****** points.

Discover the booming German residential real estate market! Our analysis reveals a €372.77 million market in 2025, projected to grow at a CAGR exceeding 3.06% until 2033. Explore key trends, drivers, and top companies shaping this dynamic sector. Invest wisely with our in-depth market insights. Recent developments include: May 2023: Vonovia and CBRE Investment Management agreed to sell five assets totaling 1,350 apartments in Berlin, Munich, and Frankfurt. Three of these properties are new constructions finished and operated in the rental category. The remaining two are under construction, with completion scheduled for the second and third quarters of 2023., January 2023: Vonovia, a German real estate corporation, invested in Gropyus, an Austrian developer of ecological dwellings. Vonovia, which has 1.5 million German citizens, will lead Gropyus' EUR 100 million (USD 106.79 million) series B investment to develop the latter's prefab manufacturing factory in Richen, Austria. FAM AB, a stakeholder in Gropyus, is also investing.. Key drivers for this market are: Strong Demand and Rising Construction Activities to Drive the Market, Rising House Prices in Germany Affecting Demand in the Market. Potential restraints include: Strong Demand and Rising Construction Activities to Drive the Market, Rising House Prices in Germany Affecting Demand in the Market. Notable trends are: Strong Demand And Rising Construction Activities To Drive The Market.

Forecast: Turnover in Real Estate Activities Sector in Austria 2022 - 2026 Discover more data with ReportLinker!

View quarterly updates and historical trends for Austria House Price Index. Source: Eurostat. Track economic data with YCharts analytics.

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.

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.

Austria Property & Casualty Insurance Market size was valued at USD 5.37 Billion in 2024 and is projected to reach USD 7.85 Billion by 2031, growing at a CAGR of 4.30% during the forecast period 2024-2031.

Austria Property & Casualty Insurance Market Drivers

Economic Stability and Infrastructure Development: Austria’s robust economy supports the growth of its P&C insurance market. Infrastructure development projects, such as residential and commercial construction, are driving demand for property insurance. Industrial expansion and investments in renewable energy also necessitate specialized coverage for machinery, equipment, and liability risks.

Increasing Urbanization and Real Estate Growth: As urbanization accelerates in Austria, there is a growing need for property insurance. With an expanding urban population, real estate developments, and rising property values, both homeowners and commercial property owners are seeking protection against risks such as fire, theft, and natural disasters. This trend is further supported by mandatory insurance requirements for certain types of properties.

Forecast: Production in Real Estate Activities Sector in Austria 2024 - 2028 Discover more data with ReportLinker!

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index 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. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

Building contractors and developers depend on various socio-economic factors, including property values, underlying sentiment in the housing market, the degree of optimism among downstream businesses and credit conditions. All of these drivers typically track in line with economic sentiment, with recent economic shocks spurring a difficult period for building contractors and developers. Nonetheless, the enduring need for building services, particularly to tackle housing shortages across the continent, ensures a strong foundation of work. Revenue is forecast to grow at a compound annual rate of 2.3% to reach €1.3 trillion over the five years through 2025. Operational and supply chain disruption caused by the pandemic reversed the fortunes of building contractors and developers in 2020, as on-site activity tumbled and downstream clients either cancelled, froze or scaled back investment plans. Aided by the release of pent-up demand and supportive government policy, building construction output rebounded in 2021. Excess demand for key raw materials led to extended lead times during this period, while input costs recorded a further surge as a result of the effects of rapidly climbing energy prices following Russia’s invasion of Ukraine. Soaring construction costs and the impact of interest rate hikes on both the housing market and investor sentiment led to a renewed slowdown in building construction activity across the continent. However, falling inflation and the start of an interest rate cutting cycle have spurred signs of a recovery in new work volumes, supporting anticipated revenue growth of 2.3% in 2025. Revenue is forecast to increase at a compound annual rate of 6.7% to €1.7 trillion over the five years through 2030. Activity is set to remain sluggish in the medium term, as weak economic growth and uncertainty surrounding the impact of the volatile global tariff environment on inflation and borrowing costs continue to weigh on investor sentiment. Contractors and developers will increasingly rely on public sector support, including measures to boost the supply of new housing, as countries seek to tackle severe housing shortages. Meanwhile, the introduction of more stringent sustainability requirements will drive demand for energy retrofits.

Forecast: Number of Persons Employed in Real Estate Activities Sector in Austria 2024 - 2028 Discover more data with ReportLinker!