is facing a sustained decline in newly completed apartments through 2027. Following a 17 percent drop in 2025, completions are expected to fall another 9 percent to 10,336 units in 2026, eventually dipping below the 10,000-unit mark the following year.
Data shows commercial rental completions in Vienna will plummet from 2,505 to 494 units, while non-profit rentals will see a slight decrease. Conversely, commercial condominiums are projected to rise to 3,961 units in 2027 despite a general supply decline.
While Vienna struggles, moderate growth is expected across in 2027. Nicole Fürntrath of noted that the nationwide supply of new condominiums has been falling since late 2024, with preliminary data showing a slight dip in transactions for 2026.