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Real Estate Briefing - Categorized | Finance, Market Moves more

Property prices in Austria continue to rise

Posted on 29 June 2012

Property prices throughout Austria are increasing quite rapidly, and excluding Vienna, rose by 11% to the year ending first quarter of 2012. Property prices rose by 9.6% in the nation’s capital of Vienna during the same period, and during the first quarter of 2012 increased by 4.3%.
Property prices in Austria has risen somewhat erratically since 2000, but prices rises in Vienna have been more consistent, increasing steadily since the third quarter of 2004. In the heart of Vienna prices have more than doubled within the last 10 years, and from the first quarter of 2005 to the first quarter of 2012, property prices rose by 67% in the city, compared to a 33% increase for the rest of the country………………………………………..Full Article: Source


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