Forecast: Production Volumes of Real Estate in Austria

The production volumes of real estate in Austria stood at 49.21 Billion Euros in 2023. Over the last two years, significant variations have been noted with a Year-on-Year increase of 6.39% in 2022 and a smaller 1.04% increase in 2023. Analyzing the trend over the last five years, the Compound Annual Growth Rate (CAGR) is 1.12%, indicating stable yet moderate growth within the industry. Since 2013, there have been fluctuations, with notable dips in 2014 and 2020, but overall, the industry has experienced a positive upward trend.

Future trends worth observing include:

• Projected growth in production volumes from 2024 to 2028, with a forecasted 5-year CAGR of 0.84%.
• An expected increase in real estate production volumes reaching 51.7 Billion Euros by 2028, illustrating a sustained albeit gradual growth trend.
• Potential market shifts resulting from economic factors, policy changes, and technological advancements within the real estate sector.