Overview
- The Federal Statistical Office's preliminary Q2 2026 figures, published Sept. 24, show national residential prices rose 0.6% year on year and 0.3% from the prior quarter.
- Prices for condominiums in the seven largest cities fell slightly, with a 0.4% drop year on year and a 0.5% decline from Q1 2026, while other large independent cities saw prices rise about 2.0% year on year.
- Densely populated rural districts recorded weaker demand for apartments, with condo prices down 1.8% year on year even as single‑family house prices rose in some rural areas.
- The federal government has proposed a 'Bau‑Turbo' to speed planning and permit approvals because officials say faster approvals are needed to close an estimated one‑million home shortfall.
- Builders face growing limits on supply expansion because sharply higher construction input costs and mortgage rates above 4% are raising project costs and reducing developers' ability to deliver new homes.