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75th Euroconstruct Conference: European Construction Market Outlook until 2015 – New Housing Construction Performs Weak in 2013. Country Report Austria

Author

Listed:
  • Andrea Kunnert

    (WIFO)

  • Michael Weingärtler

    (WIFO)

Abstract

Austria's construction outlook is more favourable compared to the Euroconstruct area, but nevertheless can only be described as moderate growth. The relatively sound economic surrounding is one main reason for the stable performance. Particularly the non-residential construction segment is therefore stabilised. Civil engineering is expected to decline mainly because of the transport infrastructure projects, particularly the railway sector shows cut-backs. Austria's housing market will slow down after two years of strong growth. This is already indicated by the development of housing permits. The Euroconstruct Country Report for Austria gives in-depth information on the Austrian construction market until 2015. It covers in detail the housing market, the non-residential sector and civil engineering (new and renovation, respectively). Additionally, essential background information and an overview of the macroeconomic situation are provided.

Suggested Citation

  • Andrea Kunnert & Michael Weingärtler, 2013. "75th Euroconstruct Conference: European Construction Market Outlook until 2015 – New Housing Construction Performs Weak in 2013. Country Report Austria," WIFO Studies, WIFO, number 46862.
    • Handle: RePEc:wfo:wstudy:46862
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    File URL: https://www.wifo.ac.at/wwa/pubid/46862
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