Austria Real Estate News
Austria
2024 Elections Rank as Biggest Potential Risk to Luxury Housing Markets Worldwide
Based on new data by Kate Everett-Allen, head of international residential research at Knight Frank, despite 2 regional wars, rising mortgage rates and inflation, global economies have displayed surprising resilience, with recent inflation figures suggesting a turning point.
European Ski Chalet Prices Continue to Rise Despite Global Economic Uncertainty
According to Knight Frank's newly released 2024 Ski Property Report, the price of a European ski chalet increased by 4.4% on average in the 12 months to June 2023. Except for the pandemic years, it represents the strongest rate of growth since 2014.
Global Home Price Growth Further Slows in Mid-2023
Based on Knight Frank's latest Global House Price Index, average annual price growth slowed across a cohort of world cities in Q2 2023, falling to 1.7% from 3.2% in Q1 of 2023.
Despite Peak Interest Rates, Global Housing Markets Improved in Q2
Global house price growth ticked up to 3% in Q2 of 2023, up from 2.9% in the previous quarter. About a third of markets saw prices decline during the most recent three months, narrowing from four in ten over the past year.
