Austria · AUT · snapshot 2026-10-06

Austria

Measured

Changing this hides rules written for a different asset class rather than leaving you to notice. With JavaScript off you see all of them, each labelled.
  1. Currency movement

    Not measured

    This market's currency is the euro, so there is no euro reference rate for it and no entry window to state. For a euro-denominated buyer there is no currency move here at all; for anyone else the move is in their own currency against the euro, which this screen measures on the market they are coming from rather than the one they are going to.

  2. Foreign-buyer rules

    2 of 2 published rules apply

    Period
    Each rule carries its own retrieval date
    Geography
    National unless the rule states otherwise
    Asset class
    0 of these govern housing only
    Source
    The issuing authority for each rule, cited individually
    We may
    Public legal instruments, quoted with their citation

    These are the restrictions a foreign buyer meets before price is even discussed — approval regimes, surcharges, ownership limits.

    What it does not show. It is not a completeness claim. A rule we have not read is not a rule that does not exist, and this row counts what is cited, not what is in force.

  3. Cost of money

    2.25%

    Period
    2026-08
    Geography
    Euro area — one rate for all member states
    Asset class
    Applies to any asset, indirectly
    Source
    European Central Bank, via the Bank for International Settlements euro area series
    We may
    Publishable here; not licensed for paid deliverables

    The price of money to banks across the euro area, set by the European Central Bank rather than by anything in this country. It sets the floor everything else is priced from, and it is identical in every member state.

    What it does not show. It is not a mortgage quote, and it is not a fact that distinguishes this market from any other euro-area member — the rate is the same in all of them, so it can never be the reason to prefer one over another. What differs between them is what a bank adds on top, which this does not measure. What a non-resident is offered is a different number again, usually much higher.

  4. Supply against absorption

    Not measured

    No statistics agency for this market has been read and cleared for republication.

  5. Residential price cycle

    123.8 against a 2015 base of 100

    Period
    2026-04-01
    Geography
    National
    Asset class
    Housing only
    Source
    OECD Analytical house prices indicators, real house prices
    We may
    Publishable here with attribution; not cleared for paid deliverables

    House prices have risen faster than consumer prices since 2015 — the market is above its own inflation-adjusted level of that year.

    What it does not show. It is a position, not a direction, and it is not a valuation. Deflating by consumer prices says nothing about what the asset yields or what credit costs, and a market can sit above its 2015 level for years without that meaning anything is due.

  6. Valuation against its own history

    122.2 to income, 111.5 to rent

    Period
    Income: 2026-04-01; rent: 2025-10-01
    Geography
    National
    Asset class
    Housing only — the ratios are built from dwelling prices
    Source
    OECD Analytical house prices indicators
    We may
    Publishable here with attribution; not cleared for paid deliverables

    Housing costs more relative to incomes than it did in 2015, on this country's own index. Buying takes more years of a local salary than it did then, which is a statement about the people who live there rather than about a foreign buyer's return.

    What it does not show. It is not comparable to another country's figure. Each index is 100 in its own 2015, so two of these side by side are two different base years wearing the same label — a market at 120 is not dearer than one at 90, it has merely moved further from its own past. It is also not a forecast, and a ratio can stay stretched for a decade.

  7. On the market now

    Not measured

    No listings platform has been read for this market. The one platform this site can read covers Russian cities only, and inventing a count for anywhere else would be worse than an empty row.

No dossier has been written for this market yet. What follows is the measured layers and the rules, each with its source — not an argument about whether to be here. A market reaches this page as soon as two layers can be cited, because an unwritten thesis is a reason to publish less, not a reason to publish nothing.

The series behind those figures, and the workings

Cost of money

2.25%

Central bank policy rate, 2026-08. Source: Bank for International Settlements.

This is the price of money to banks, not the price of money to a non-resident buying a building. The gap between those two is where a market’s financing story actually lives, and it is not in this number. A mortgage quote for a foreign buyer depends on the lender, the asset and the borrower, and no public dataset carries it.

BIS terms permit this figure on a free page and state that nothing in their statistics constitutes investment advice. They also allow inclusion in a commercial product only where it adds no charge, so this series is published here and is not priced into any paid work.

Background

Annual national statistics from the World Bank, under a licence that permits reuse with attribution. They describe the country; they do not time an entry, and they are not counted as measurements of this market — otherwise every territory on earth would claim to be measured on the strength of one dataset.

IndicatorValueYear
GDP per capita62,930 US$2025
Consumer price inflation3.5 %2025
Population9,208,1632025
Urban population69.7 % of total2025
Official exchange rate0.8850 per US$2025

What the rules do to a foreign buyer

Each entry cites the instrument and the authority page it was read from, with the date it was retrieved. Facts of law change; the retrieval date is how you know how old this reading is.

TopicHow it fails youIn forceWhen it bitesApplies toWhat appliesInstrumentRead on
Third-country acquisition follows the province's approval regimeSomebody has to say yesMoney does not open itIn forceNot stated by the sourceOn the way inAll propertyYour passportAustria's federal migration portal describes approval for third-country citizens acquiring property or an apartment, while EU and EEA citizens have Austrian-equivalent status for this foreign-buyer gate. The competent provincial or district authority applies the relevant province's law; the portal identifies nine separate real-estate acts, including different agricultural and forestry rules. This is a national procedural overview, not a finding that every province permits the same acquisition or that EU/EEA status removes land-use restrictions. Entity classification and the property-specific exemption must be checked in the applicable provincial regime.Provincial acquisition-of-property laws, as described by Austria's federal migration portal, Acquisition of property.2026-09-06
Vienna's approval also reaches majority-foreign domestic entitiesSomebody has to say yesMoney does not open itIn forceNot stated by the sourceOn the way inAll propertyYour passportReaches a company tooIn Vienna, foreign persons acquiring ownership or specified rights over developed or undeveloped property require approval for the transaction's validity unless exempt. The definition includes foreign-seated legal persons and Austrian-seated majority foreign-owned companies or other entities with predominantly foreign participation. Approval needs a supported social or economic interest or consolidation of an existing holding. The authority identifies exemptions for EEA natural and legal persons, Swiss natural persons, and specified treaty or residence-right cases; a Swiss company must establish its own exemption. These are Vienna's rules and do not settle acquisition in another Austrian province.Wiener Ausländergrunderwerbsgesetz, as explained by Vienna's competent property-transfer authority, MA 35.2026-09-06

What is missing, and why

currency — Source does not cover this market

The dataset simply does not include this territory. Absent, not zero.

This market's currency is the euro, so there is no euro reference rate for it and no entry window to state. For a euro-denominated buyer there is no currency move here at all; for anyone else the move is in their own currency against the euro, which this screen measures on the market they are coming from rather than the one they are going to.

supply — Source does not cover this market

The dataset simply does not include this territory. Absent, not zero.

No statistics agency for this market has been read and cleared for republication.

What supports this, what would make it wrong, and how it could go

Record

Why this market is on the listAdded when the euro area was expanded into its member states. The cost-of-money layer here is the European Central Bank's rate, which is not a fact about this country in the way a national policy rate is a fact about Japan — it is identical in all twenty-one members and can never be the reason to prefer one over another. It is published because its absence was worse: without it this territory rendered on the coverage map exactly like one whose central bank publishes nothing at all. The valuation layer is this country's own, indexed to its own 2015. Euro adopted 1999. The friction layer was opened on 2026-09-06 from the federal procedural overview and Vienna's acquisition authority. Province-specific and buyer-specific assessment remains necessary.
DossierNone written. Layers and rules only, which is why this market reads as “Measured” rather than reviewed.
Next review2026-11-15
Evidence snapshot2026-10-06