Vienna house prices jump!
This content is archived.
The residential real estate price index for Vienna rose 9.9% y-o-y to Q3 2010, the highest annual price increase since 1992. Compared to the previous quarter, the price index for Austria’s capital was up 3.7%, according to the National Bank of Austria (OeNB).
Property prices in the rest of Austria stalled. The price index for Austria (excluding Vienna) was up 3.7% during the year to Q3 2010, but slid 0.6% and 0.9% in Q2 and Q3, after a 6.1% q-o-q rise in Q1 Property price changes in the rest of Austria have been erratic ever since the index was assembled in 2000.
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