Austria housing completions fall 12.3% in 2025

Austria completed 48,597 dwellings in 2025, down 12.3%, and new-build completions fell to 34,217, the lowest since the series began in 2011.

The facts

Austria completed 48,597 dwellings in 2025, -12.3% against the 55,442 of 2024, Statistics Austria reported on 6 November 2026 in press release 14 313-232/26.
New buildings accounted for 34,217 of that total, a figure the publisher says fell by a fifth and is the lowest since the series began in 2011, when it stood at 36,578.
Extensions, additions and conversions supplied the remaining 14,380 dwellings.
Within new buildings, 23,898 dwellings came in buildings with three or more flats, 10,055 in buildings with one or two flats, and 264 in non-residential buildings.
Vienna completed 11,081 dwellings, including 8,401 new builds and 2,679 from extensions and conversions.
Building permits had already fallen 17.1% in 2022, 30.4% in 2023 and 8.4% in 2024, with a further decline of 7.1% in 2025.

New-build completions fell by a fifth in 2025. A buyer entering now meets a pipeline that is shrinking, not growing.
Glopra puts the Austrian average at 7,243 US dollars per square metre, and this release names no new supply that would ease that entry level.
Existing landlords sit on the other side of the same shortage, where thin new supply supports the rent they can ask on renewal.
Four straight years of permit declines sit upstream of this figure, from 17.1% in 2022 to 7.1% in 2025.

The 2023 to 2025 figures are preliminary, include estimates for expected late registrations, and are subject to regular revision.
Vienna's extension and conversion data begin only on 1 January 2024, so a time-series break means only the new-building figures compare cleanly back to 2010.

Sources: Statistics Austria https://www.statistik.at/fileadmin/announcement/2026/11/20261106Baufertigstellungen2025EN.pdf