This Paris Life

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

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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Rising interest rates, lower purchasing power, inflation, shortage of properties; these fundamental changes in the economy are affecting the Real Estate Market.  Market Still Strong In terms of transaction volume, with a forecast of around 1.1 million sales made by the end of the year, 2022 should come close to the historic record reached in […]

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The price per m² has been above 10,000€ for about three years and has been declining for less than two years According to the Notaires-Insee in Paris, prices per m² exceeded the 10,000€ mark in September 2019, to reach a peak of 10,860€ in November 2020. Since 2020, prices have begun to  erode, despite a […]

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The number of rooms per apartment sold in Ile-de-France increased from 2.66 rooms in 2001 to 2.77 in 2021 (maximum of 2.78 in 2020), reflecting moderate changes. At the same time, the median area of the apartments sold has increased from 52 to 56 m2. However, the share of studios in sales in Ile-de-France has […]

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Buying a Studio is far more financially interesting than a large apartment in almost all of the 51 largest cities in France, stated in the study by Meilleurs Agents. Investing in housing often allows you to generate an additional source of income linked to the rental profits. But when choosing the type of property, the […]

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Small dwellings observe the largest increases In 25 years, from the end of 1996 to the end of 2021, apartment prices in Ile-de-France have multiplied by 3.6 according to the Notaries-INSEE. However, the price surge was stronger for some market segments and in particular for small apartments, studios and two room properties, whose prices multiplied […]

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