{"id":49121,"date":"2023-11-20T15:45:55","date_gmt":"2023-11-20T14:45:55","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/wende-auf-dem-immobilienmarkt\/"},"modified":"2024-04-21T11:57:09","modified_gmt":"2024-04-21T09:57:09","slug":"wende-auf-dem-immobilienmarkt","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/49121\/","title":{"rendered":"Turnaround in the Real Estate Market"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-49121","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Listing Data Highlights Slump in Demand in Austria","text":"Austria's residential real estate market took a clear turn in 2022. After several years of practically uninterrupted price growth, there have been signs of price stagnation for the first time since the early summer of last year, and at the turn of the year even of initial price declines. To gauge the possibility of future developments, this Research Brief attempts to provide a narrative on the background of the current upheaval on the Austrian residential property market. By using extensive listing data from the portal immoscout24.at, it is also possible to flesh out the main drivers that will continue to determine the real estate market in Austria in the coming months.","onlinedate":"2023-07-19 12:00:00","lang":"German","publication_series":"","publication_date":"20230701","publication_date_year":"","publication_date_full":false,"publication_num_pages":"9","keywords":"[\"Real estate market\",\"Austria\"]","jelcodes":"[\"E58\",\"G21\",\"R21\",\"R31\"]","related_publications":"[]","pdf":257211,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"10","journal":"WIFO Research Briefs","publisher":"","invisible":false,"external":false,"embargo_date":"2023-07-19 09:00:00","types":[44390],"research_groups":[3481],"collaboration":"","persons":[3731,3808],"persons_data":"[{\"personId\":3731,\"personName\":\"Michael Klien\",\"organisationNames\":[]},{\"personId\":3808,\"personName\":\"Peter Reschenhofer\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"
Klien, M.<\\\/span>, & Reschenhofer, P.<\\\/span> (2023). Wende auf dem Immobilienmarkt: Anzeigedaten verdeutlichen Nachfrageeinbruch in \u00d6sterreich<\\\/span>. WIFO Research Briefs<\\\/em><\\\/span>, (10).<\\\/div>\",\"vancouver\":\"
Klien M<\\\/span>, Reschenhofer P<\\\/span>. Wende auf dem Immobilienmarkt: Anzeigedaten verdeutlichen Nachfrageeinbruch in \u00d6sterreich<\\\/span><\\\/span><\\\/span>. WIFO Research Briefs<\\\/span>. 2023 Jul;(10).<\\\/div>\",\"bibtex\":\"
@misc{c2a65df6beed4ce1a22ff7041d469fc8,<\\\/div>
title = \\\"Wende auf dem Immobilienmarkt: Anzeigedaten verdeutlichen Nachfrageeinbruch in {\\\\\\\"O}sterreich\\\",<\\\/div>
abstract = \\\"{\\\\\\\"O}sterreichs Wohnimmobilienmarkt hat im Jahr 2022 eine deutliche Wendung hingelegt. Nach mehreren Jahren praktisch ununterbrochenen Preiswachstums gab es seit Fr{\\\\\\\"u}hsommer des abgelaufenen Jahres erstmals Zeichen f{\\\\\\\"u}r eine Preisstagnation, zum Jahreswechsel sogar von ersten Preisr{\\\\\\\"u}ckg{\\\\\\\"a}ngen. Zur Plausibilisierung der m{\\\\\\\"o}glichen zuk{\\\\\\\"u}nftigen Entwicklungen versucht der vorliegende Research Brief ein Narrativ zum Hintergrund des aktuellen Umbruchs am {\\\\\\\"o}sterreichischen Wohnimmobilienmarkt zu geben. Durch die Verwendung umfangreicher Anzeigedaten des Portals immoscout24.at k{\\\\\\\"o}nnen zudem die wesentlichen Treiber herausgearbeitet werden, welche den Immobilienmarkt in {\\\\\\\"O}sterreich auch in den kommenden Monaten bestimmen werden.\\\",<\\\/div>
keywords = \\\"Immobilienmarkt, {\\\\\\\"O}sterreich, Real estate market, Austria\\\",<\\\/div>
author = \\\"Michael Klien and Peter Reschenhofer\\\",<\\\/div>
note = \\\"Wende auf dem Immobilienmarkt. Anzeigedaten verdeutlichen Nachfrageeinbruch in {\\\\\\\"O}sterreich\\\",<\\\/div>
year = \\\"2023\\\",<\\\/div>
month = jul,<\\\/div>
language = \\\"Deutsch\\\",<\\\/div>
journal = \\\"WIFO Research Briefs\\\",<\\\/div>

}<\\\/p><\\\/div>\",\"ris\":\"

TY - GEN<\\\/p>

T1 - Wende auf dem Immobilienmarkt<\\\/p>

T2 - Anzeigedaten verdeutlichen Nachfrageeinbruch in \u00d6sterreich<\\\/p>

AU - Klien, Michael<\\\/p>

AU - Reschenhofer, Peter<\\\/p>

N1 - Wende auf dem Immobilienmarkt. Anzeigedaten verdeutlichen Nachfrageeinbruch in \u00d6sterreich<\\\/p>

PY - 2023\\\/7<\\\/p>

Y1 - 2023\\\/7<\\\/p>

N2 - \u00d6sterreichs Wohnimmobilienmarkt hat im Jahr 2022 eine deutliche Wendung hingelegt. Nach mehreren Jahren praktisch ununterbrochenen Preiswachstums gab es seit Fr\u00fchsommer des abgelaufenen Jahres erstmals Zeichen f\u00fcr eine Preisstagnation, zum Jahreswechsel sogar von ersten Preisr\u00fcckg\u00e4ngen. Zur Plausibilisierung der m\u00f6glichen zuk\u00fcnftigen Entwicklungen versucht der vorliegende Research Brief ein Narrativ zum Hintergrund des aktuellen Umbruchs am \u00f6sterreichischen Wohnimmobilienmarkt zu geben. Durch die Verwendung umfangreicher Anzeigedaten des Portals immoscout24.at k\u00f6nnen zudem die wesentlichen Treiber herausgearbeitet werden, welche den Immobilienmarkt in \u00d6sterreich auch in den kommenden Monaten bestimmen werden.<\\\/p>

AB - \u00d6sterreichs Wohnimmobilienmarkt hat im Jahr 2022 eine deutliche Wendung hingelegt. Nach mehreren Jahren praktisch ununterbrochenen Preiswachstums gab es seit Fr\u00fchsommer des abgelaufenen Jahres erstmals Zeichen f\u00fcr eine Preisstagnation, zum Jahreswechsel sogar von ersten Preisr\u00fcckg\u00e4ngen. Zur Plausibilisierung der m\u00f6glichen zuk\u00fcnftigen Entwicklungen versucht der vorliegende Research Brief ein Narrativ zum Hintergrund des aktuellen Umbruchs am \u00f6sterreichischen Wohnimmobilienmarkt zu geben. Durch die Verwendung umfangreicher Anzeigedaten des Portals immoscout24.at k\u00f6nnen zudem die wesentlichen Treiber herausgearbeitet werden, welche den Immobilienmarkt in \u00d6sterreich auch in den kommenden Monaten bestimmen werden.<\\\/p>

KW - Immobilienmarkt<\\\/p>

KW - \u00d6sterreich<\\\/p>

KW - Real estate market<\\\/p>

KW - Austria<\\\/p>

M3 - WIFO-Schriftenreihen<\\\/p>

JO - WIFO Research Briefs<\\\/p>

JF - WIFO Research Briefs<\\\/p>

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