Purchase prices fall

This is how expensive it is to live this year: rents continue to rise

Property buyers now have a choice - the purchase should be carefully considered

(Bild: stock.adobe.com)

Anyone looking to buy a house or apartment has reason to be happy, as purchase prices are falling. Tenants have to dig deeper into their pockets. But money doesn't always play a role when buying real estate: in Upper Austria, one particular property changed hands for many millions.

Hardly any other market affects as many people as the real estate market. According to the latest forecast by the global estate agent network Remax, prices are set to fall slowly in the new year - but for many, property is still difficult or even impossible to afford. Upper Austria is just below average in terms of price reductions compared to the rest of Austria - only prices for detached houses are falling less than the national average.