Strong growth in Vienna, slowdown in Austria
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Vienna’s residential property price index rose by 9.1% (7.4% in real terms) during the year to Q4 2013. This is Vienna’s tenth consecutive year of continuous house price hikes, based on Oesterreichische Nationalbank (OeNB)’s figures.
During the latest quarter, house prices in Vienna rose by 2.3% (1.6% in real terms) in Q4 2013, an improvement from the 0.9% (1% in real terms) q-o-q growth recorded in the previous quarter.
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