Based on the forecast data for Austria's Real Estate Gross Value Added (GVA), the values are projected to increase from 2024 to 2028, starting at 39.06 billion Euros in 2024 and reaching 42.23 billion Euros by 2028. In 2023, the GVA stood at 38.26 billion Euros. The year-on-year variation from 2024 to 2023 shows a 2.1% increase, while the subsequent years also reflect upward trends: 2.1% (2025), 2.0% (2026), 1.9% (2027), and 1.85% (2028). When considering the last two years (2027 and 2028), the observed increase is 1.85%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 averages around 2.0% per year.
Future trends to watch for include the potential impact of economic policies, interest rate changes, and demographic shifts on the real estate market. Emerging technologies such as PropTech could further influence efficiency and value creation within the sector.
