Living Market Report Austria 2026

This year’s Living Market Report 2026 contains analyses and information on the local housing markets in Vienna, Graz, Linz and Salzburg.

Renewed increases in construction and energy costs, along with higher interest rates, are weighing on the Viennese housing market in particular. The number of building permits has fallen further, and the supply of new privately financed rental apartments will drop sharply next year. Our developer calculation shows why many rental projects are currently barely viable. As a result, the structural undersupply continues to worsen and rents are rising.

Residential investment volume in the first three quarters of 2026 was nearly 44% below the same period last year. High financing costs and a wide gap between buyer and seller price expectations are slowing transaction activity. Thanks to solid fundamentals, however, residential remains one of the most sought-after asset classes.