Cover pool information
 Market survey for Austria
 Survey – Austrian mortgage market
 Survey – Austrian public sector

Market Players and Reports

» Overview – Austrian mortgage market

Austria without the property bubble and without the resulting problems

Real estate property prices developed very moderately in Austria in recent years. Unlike many other industrialised countries, there is therefore neither a property bubble nor the risk of a massive decline in property prices with the resulting consequences for the balance sheet of households, companies and banks.

What turned out to be specific to Austria in particular has been the segment of subsidised housing, the so-called “non-profit housing developers”. This not-for-profit construction business is supported and guaranteed by the federal provinces with subsidies.


Source: ECB, European Commission, OeNB
Note: Greece data cover the period 1999 to 2008, Luxembourg from 1999 to 2007.
Nominal house price data are deflated by GDP deflator