Building Permits for New Housing Units in Austria. Summer 2018 Forecast and Regional Development 2012-2017

According to WIFO forecasts the number of building permits will decrease by 100 units to 62,600. After the vivid growth in 2016 and 2017, multi-storey units will stagnate in 2018 whereas permits for one and two family houses experience another slight decrease after 2017. At the latest in 2019 also the segment of multi-storey units will shrink more significantly. Nevertheless, the number of permits will remain above the 50,000 in 2018 and 2019.