Experts on the Austrian real estate market gave their forecasts regarding the immediate prospects

Demand is expected to decline in the residential real estate sector. The biggest drop will occur in the middle price segment and amount to almost 10%. Cheaper housing will miss 4.5% of demand, and objects in the upper price segment will be about 9.5%. According to experts, the least significant drop in demand should be expected in the luxury housing segment – ​​no more than 3-3.5%. The main problems for those wishing to buy housing in the middle price range arise from tightening in the lending sector. It is to be expected that in such realities the interest of potential buyers in apartments of smaller footage will increase. According to forecasts, the price of apartments over 65 square meters. m may fall to 7.7%, for apartments of smaller footage – by 4-4.5%.

Source link