Building Permits for New Housing Units in Austria. Forecasts for 2015-16 and Regional Development 2009-2015

Despite the continued economic slump, in 2014 construction permits in Austria increased by 1,900 units or 2.4 percent. According to the forecast by WIFO the level of construction permits will remain almost constant in 2015, with marginal growth both in multi-storey housing and one and two family houses. In 2016 a stronger increase in permits is expected. Multi-storey permits are the main driver but also one and two family houses are expected to increase.