Housing Index in Austria increased to 165.40 points in the third quarter of 2024 from 164.34 points in the second quarter of 2024. This dataset provides - Austria House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Graph and download economic data for Residential Property Prices for Austria (QATN628BIS) from Q3 1986 to Q3 2024 about Austria, residential, HPI, housing, price index, indexes, and price.

Innsbruck was the most expensive Austrian city to buy an apartment in, with average values of 7,650 euros per square meter in the third quarter of 2023. The price of an apartment in Graz was significantly lower at 4,450 euros per square meter.

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.

Key information about Austria Bank Lending Rate

• Austria Bank Lending Rate was reported at 3.960 % pa in Jan 2025.
• This records a decrease from the previous number of 4.520 % pa for Dec 2024.
• Austria Bank Lending Rate data is updated monthly, averaging 3.505 % pa from Dec 1995 to Jan 2025, with 350 observations.
• The data reached an all-time high of 7.080 % pa in Nov 2000 and a record low of 1.330 % pa in Jun 2020.
• Austria Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Monthly.

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 119.8, which means that house price growth has outpaced income growth by almost 20 percent since 2015. This was higher than the average house price to income ratio in the Euro area 16.

Austria - Housing cost overburden rate: Tenant, rent at market price was 13.00% in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Austria - Housing cost overburden rate: Tenant, rent at market price - last updated from the EUROSTAT on March of 2025. Historically, Austria - Housing cost overburden rate: Tenant, rent at market price reached a record high of 17.30% in December of 2012 and a record low of 12.00% in December of 2011.

Revenue is forecast to contract at a compound annual rate of 2.8% over the five years through 2024 to €239.9 billion. Since the inception of the COVID-19 pandemic, weak economic conditions have restricted the number of new projects coming to fruition, hindering the number of big-ticket tender opportunities available for electricians to bid for and obtain. Businesses have remained cautious amid an uncertain economic outlook, opting to preserve cash and postpone or cancel significant construction projects. Over the two years through 2024, inflationary pressures have persisted and retaliatory increases to the base rate have ballooned the cost of borrowing. Despite public funding and support for new residential properties, a cooling housing market has limited demand from property developers. Revenue is expected to dip by 2.5% in 2024. As inflationary pressures subside and business and consumer sentiment rebound, revenue prospects will grow and more large tender opportunities will come to fruition. Businesses will increase spending budgets in line with recovering economic conditions and recovering house prices will spur new opportunities in the residential market, contributing to a recovery in income. Revenue is forecast to expand at a compound annual rate of 3.3% over the five years through 2029 to €281.8 billion.

The average export price for bearing housings incorporating ball or roller bearings stood at $45,329 per ton in July 2024, rising by 57% against the previous month.

In 2023, the amount of bearing housings not incorporating ball or roller bearings, plain shaft bearings exported from Austria surged to 6.5K tons, picking up by 29% against the previous year.

In the presented European countries, the homeownership rate extended from 42 percent in Switzerland to as much as 96 percent in Albania. Countries with more mature rental markets, such as France, Germany, the UK and Switzerland, tended to have a lower homeownership rate compared to the frontier countries, such as Lithuania or Slovakia. The share of house owners among the population of all 27 European countries has remained relatively stable over the past few years. Average cost of housing Countries with lower homeownership rates tend to have higher house prices. In 2023, the average transaction price for a house was notably higher in Western and Northern Europe than in Eastern and Southern Europe. In Austria - one of the most expensive European countries to buy a new dwelling in - the average price was three times higher than in Greece. Looking at house price growth, however, the most expensive markets recorded slower house price growth compared to the mid-priced markets. Housing supply With population numbers rising across Europe, the need for affordable housing continues. In 2023, European countries completed between one and six housing units per 1,000 citizens, with Ireland, Poland, and Denmark responsible heading the ranking. One of the major challenges for supplying the market with more affordable homes is the rising construction costs. In 2021 and 2022, housing construction costs escalated dramatically due to soaring inflation, which has had a significant effect on new supply.

The Austrian market for bearing housings incorporating ball or roller bearings dropped dramatically to $4.1M in 2024, which is down by -41.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a pronounced setback.

For the fourth consecutive year, Austria recorded growth in consumption of trailers and semi-trailers of the caravan type, for housing or camping, which increased by 14% to 1.4K units in 2025. The size of the camping trailer market in Austria skyrocketed to $28M in 2025, growing by 20% against the previous year.

The average transaction price of new housing in Europe was the highest in Norway, whereas existing homes were the most expensive in Austria. Since there is no central body that collects and tracks transaction activity or house prices across the whole continent or the European Union, not all countries are included. To compile the ranking, the source weighed the transaction prices of residential properties in the most important cities in each country based on data from their national offices. For example, in Germany, the cities included were Munich, Hamburg, Frankfurt, and Berlin. House prices have been soaring, with Sweden topping the ranking Considering the RHPI of houses in Europe (the price index in real terms, which measures price changes of single-family properties adjusted for the impact of inflation), however, the picture changes. Sweden, Luxembourg and Norway top this ranking, meaning residential property prices have surged the most in these countries. Real values were calculated using the so-called Personal Consumption Expenditure Deflator (PCE), This PCE uses both consumer prices as well as consumer expenditures, like medical and health care expenses paid by employers. It is meant to show how expensive housing is compared to the way of living in a country. Home ownership highest in Eastern Europe The home ownership rate in Europe varied from country to country. In 2020, roughly half of all homes in Germany were owner-occupied whereas home ownership was at nearly 97 percent in Romania or around 90 percent in Slovakia and Lithuania. These numbers were considerably higher than in France or Italy, where homeowners made up 65 percent and 72 percent of their respective populations.For more information on the topic of property in Europe, visit the following pages as a starting point for your research: real estate investments in Europe and residential real estate in Europe.

Statistics illustrates market overview of trailers and semi-trailers of the caravan type, for housing or camping in Austria from 2007 to 2024.

Full edition for scientific use. With about 20000 households surveyed per quarter, the Microcensus is the largest regularly conducted sample survey in Austria. It is an important data source for national and international labour market indicators and regularly provides information on housing and families. The survey is also known as the EU Labour Force Survey (EU-LFS).

The Austrian market for bearing housings not incorporating ball or roller bearings, plain shaft bearings expanded rapidly to $169M in 2024, rising by 11% against the previous year. Overall, consumption saw a prominent increase. Bearing housing without ball bearing consumption peaked at $189M in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

Full edition for scientific use. With about 20,000 households surveyed per quarter, the Microcensus is the largest regularly conducted sample survey in Austria. It is an important data source for central national and international labour market indicators and regularly provides information on housing and families. The survey is also known as the Microcensus Labour Force Survey (MZ-AKE), as the labour market-related questions are surveyed according to international guidelines (according to the ILO - International Labour Organisation) and the Austrian part is the so-called European Labour Force Survey (LFS).

Full edition for scientific use. With about 20,000 households surveyed per quarter, the Microcensus is the largest regularly conducted sample survey in Austria. It is an important data source for central national and international labour market indicators and regularly provides information on housing and families. The survey is also known as the Microcensus Labour Force Survey (MZ-AKE), as the labour market-related questions are surveyed according to international guidelines (according to the ILO - International Labour Organisation) and the Austrian part is the so-called European Labour Force Survey (LFS).