The turnover in real estate activities in Austria, expressed in Billion Euros, has shown varied trends from 2013 to 2023. After a peak in 2017 at 10.47 Billion Euros, there was a significant drop in 2018 by 24.61%, settling at 7.89 Billion Euros. The following years demonstrated moderate recovery, with turnover standing at 9.64 Billion Euros in 2023, reflecting a 2.61% increase from the previous year and a five-year CAGR of 4.08%.
Looking forward to the forecasted period from 2024 to 2028, a steady growth is anticipated. The turnover is expected to rise from 9.89 Billion Euros in 2024 to 10.83 Billion Euros by 2028, indicating a five-year CAGR of 1.85% and a total growth rate of 9.58% over the forecasted period.
Future trends to watch for:
- Potential impacts of economic fluctuations on real estate investment.
- Regulatory changes affecting real estate activities in Austria.
- Technological advancements and their integration into real estate management.
