This Paris Life

Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris

The real estate market in France is facing a difficult time, with the spring season showing no signs of bringing a revival in activity. Prices are continuing to fall, although rural areas are still showing progress while the Top 10 cities are experiencing a decline. Buyers are now able to negotiate prices, with Paris seeing […]

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If you are considering purchasing a property in France, it is important to be aware of the lending criteria banks use when considering a loan application. Certain requirements and conditions must be met in order to secure a loan for your property purchase. Non-resident best-buy table    For purchases up to €2 million, lenders will […]

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The market is contracting but is still above the average for the past 10 years. The downward trend in real estate sales continued with 38,060 older homes sold in the Paris region from November 2022 to January 2023, compared to 42,610 a year earlier, a decline of 11%. The causes of this slowdown have not […]

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The year 2023 is off to a slow start for the French real estate market. Since the beginning of January, prices at the national level have fallen by -0.2%. Since the end of 2022, all areas of the real estate market have gone into the red, a phenomenon we have not seen since 2014. While […]

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Inflation, difficult access to credit, energy crisis and new state rules dictating energy ratings… The real estate market has been turned upside down in recent months. Those who still dream of buying a property must adapt to this context. The good news is that if a buyer is able to adapt, it could be the […]

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Purchases of older, existing homes by foreigners often focus the attention of real estate market observers on relatively few, emblematic transactions carried out by wealthy clients. But detailed statistical analysis highlights a more nuanced reality and trends that go beyond these highlights, as shown in the attached graphs. Foreign buyers not resident in France (whose […]

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The erosion of prices, which has existed for several years in Paris, now seems to be spreading to London. On the other hand, prices are still rising and historically very high in New York. But for how long? It is interesting to note that in England, the United States and France, as in many OECD […]

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Photo by Craig Cooper on Unsplash

In the 3rd quarter of 2022, sales volumes of existing homes fell by 10% compared to last year, which was the highest level ever reached for a 3rd quarter. Despite this slowdown, activity remained at a historically high level. With the exception of Paris, this decline occurred in all departments of Ile-de-France. The notaries of […]

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American buyers have been pouring into the Parisian market since last summer. Low borrowing rates, the rising value of the US Dollar and the ever rising prices in the US, makes French property extremely advantageous for American buyers. According to a recent Coldwell Banker network survey of luxury real estate trends, which surveyed 2,000 affluent […]

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At the national level prices have indeed stagnated throughout the country (0%).  The rural areas are the only places with an increase (+0.5% in November) thanks to the holding interest of investment groups and the desire for home projects. The rest of the market is sealed off by the apartments whose prices are falling in […]

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