Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
The Paris property market in the first quarter of 2017 saw almost double the activity of the previous year, with price growth accelerating to reach 5.5% year over year through March.
The latest Paris Notaire press release on the capital’s property market had a special focus on the chambres de bonnes, old maids’ rooms that can be found in the upper levels of Haussmannian apartment blocks.
Paris real estate has been an incredible investment over the past decades, rising dramatically in value since the early 1990s. The average price in some arrondissements has doubled, tripled or even nearly quadrupled over the last 25 years.
International buyers had a large role to play in a revived French real estate market last year, with one particular group of foreign buyers doubling its activity.
While there is much talk of a possible slowdown once interest rates rise further, the Paris property market continues its impressive price growth. Prices rose 4.4% in 2016, and it looks like 2017’s first quarter has started even stronger.
A comprehensive review of the world’s top 50 luxury property hotspots for 2017 shows Paris in the top 5. How does it compare to other world class cities on the practical, financial and emotional factors that appeal to high net-worth individuals?
It is a well-kept secret in Paris that luxurious properties in the well-known 16th arrondissement are no longer as expensive as they were 25 years ago, relatively speaking. Buyers have been forgoing the western part of Paris for the city center, even if that means buying smaller apartments. That means the beautiful apartments and houses […]
France had a record production of real estate loans in 2016. Historically low interest rates have began to rise slightly since December, but borrowing conditions have remained very attractive. For brokers, 2017 looks promising. The French real estate market was exceptionally dynamic in 2016 and the unprecedented number of housing transactions was largely due to […]
The wealthiest individuals in the world invest about 9% of their wealth in real estate. With London topping the chart as their preferred city, Paris is not so far behind with 5th place in a new study by Wealth X. The super-rich agree, Paris real estate is a worthy investment. More wealthy individuals, more high-end […]
Dropping temperatures in Paris tend to coincide with a slowdown in the real estate market and prices decreasing for older properties. Quite the opposite is happening this year. Prices for older properties have increased by over 3.4% over that last year and all but one of Paris’ arrondissements saw their prices continue to rise in late 2016. Over 90% […]