Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
Sales volume – meaning the number of real estate transactions – are down 20% in 2012 as compared with 2011. Although the best properties still sell quickly and at or near asking price, it has meant that Paris real estate buyers are getting some breathing room to separate the wheat from the chafe. “The market […]
Sales of Existing (Ancien) Apartments According to the most recent sales data available, from May to July 2012, 36,000 apartments were sold in Ile de France, marking a 21 to 22% decine compared to transactions concluded in the same time period in the two previous years.
Following an in-depth look at housing market behavior across Europe in recent years, the research arm of Savills Real Estate found that only Italy might be in for future drops in real estate prices.
Real estate prices are rising in Paris, though property sales throughout France have slowed in the second quarter of 2012. In contrast to Paris, prices are generally slightly lower elsewhere in France.