European Housing Report 2021

Austria

THE COVID-19 IMPACT Since the start of the pandemic, the number of days on the market have increased, supply is stretched and sellers have been reluctant to list their properties. Buyer preferences are also shifting, with more wanting to live near green spaces or rural areas.

WHO WILL DRIVE DEMAND?

MARKET OUTLOOK (HOUSES)

2020

€277.271

+2 %

• First-time buyers

2021 (Estimated)

€282.816

PROPERTY TYPES SEEING MOST ACTIVITY

KEY FACTORS IMPACTING THE MARKET

• Affordability • Employment rates • Interest rates • Inventory

• Apartments • Single-family houses

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Source: Survey of European RE/MAX independently owned and operated regional sub-franchises. To learn more about the 2021 RE/MAX European Housing Report, please visit www.REMAX.eu.