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Vienna becomes epicentre of Europe’s housing woes

Jack Sidders, Ainhoa Goyeneche and Marton Eder

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Vienna has become the weakest housing market among major European capitals, posting a double-digit decline that surpassed even hard-hit Stockholm, according to the inaugural Bloomberg City Tracker.

The Austrian capital posted a drop of 12.2 per cent from peak levels a year ago, while Stockholm was down 6.4 per cent, according to data compiled by Bloomberg. By contrast, Madrid, Milan and Zurich showed gains.

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    Original URL: https://www.afr.com/property/residential/vienna-becomes-epicentre-of-europe-s-housing-woes-20230529-p5dc6f