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76th Euroconstruct Conference: European Construction Market Outlook until 2016 – New Housing Construction Performs Well in 2013. Country Report Austria

Author

Listed:
  • Andrea Kunnert

    (WIFO)

  • Michael Weingärtler

    (WIFO)

Abstract

Austria shows more economic stability than the Euro Area. The construction market positively contributed to growth in recent years and will also grow moderately over the next years. Among the three construction sectors, Austria's housing market performed best in 2013. Performance will remain strong, yet decelerate over the next years. After a slump, non-residential construction output will improve in course of the economic upswing. The trend in civil engineering will depend to a large extent on public expenditures, which faces increased uncertainties in light of the new government formation. The Euroconstruct Country Report for Austria gives in-depth information on the Austrian construction market until 2016. 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. "76th Euroconstruct Conference: European Construction Market Outlook until 2016 – New Housing Construction Performs Well in 2013. Country Report Austria," WIFO Studies, WIFO, number 47069.
    • Handle: RePEc:wfo:wstudy:47069
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    File URL: https://www.wifo.ac.at/wwa/pubid/47069
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