Land register instead of savings book: This motto probably also applied to the booming real estate market in Salzburg in the first half of the year.
In times of high inflation, uncertainty and now rising interest rates, the rise in prices has probably continued, according to the real estate experts at Raiffeisen. In the city of Mozart, for example, some 10,000 euros and more per square meter are due for new apartments on the open market. However, the price increase should not continue quite as sharply, the Raiffeisen analysts are now calculating: Rising interest rates should ensure that from the second half of the year the “property price surge” will flatten out. The unchecked “keep it up” should be history. However: In the current economic environment, it would be difficult to make forecasts.
source site-12