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“Although there have been signs of an end to the construction boom since 2020, residential construction activity reached a new low in 2022,” says Statistics Austria Director General Tobias Thomas. The statistics authority published the numbers on Monday.
There were 58,900 building permits in 2022 (excluding additions, construction and conversion work in Vienna). That was 23 percent or 17,100 fewer apartments than in the previous year. Last year it was the third lowest since 2010.
22 percent of the apartments were approved in Vienna in 2022. According to Statistics Austria, the extensions, superstructures and conversions are not included in the evaluation due to too few reports. Lower Austria accounted for 19 percent of the building permits, Upper Austria for 16 percent. At the lower end are Salzburg and Vorarlberg with five percent each and Burgenland with three percent.
50 percent of the building permits relate to apartments in multi-storey buildings, 29 percent to detached and semi-detached houses and one-fifth to extensions, construction and conversion activities (except for Vienna).
In Upper Austria, the number of building permits last year fell more sharply than nationwide – by 30 percent to 9666. It was the second lowest value since 2010.
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