Since their creation, Parisian department stores have always been at the forefront of progress and innovation in the capital, benefitting from 19th-century technological evolutions as well as the widening of Paris’ boulevards under Baron Haussmann.  Although les grands magasins are an integral part of the city’s celebrated heritage, many are unaware of the humble beginnings that […]

Despite today’s current political and social climate, the luxury real estate market in Paris is breaking all records. Some Parisian properties are being sold in minutes flat, at prices that can exceed 20,000 euros per square meter.   2019 is shaping up to be a favorable year for real estate in Paris.  Real estate professionals […]

It’s not news that property prices in Paris are on the rise, with the average price per square meter in more than half of Paris’ 20 arrondissements exceeding €10,000.  It is interesting to note, however, that price disparities exist between the small boroughs located within each arrondissement.  In this article, we zoom in on the […]

After months of deliberation, la loi Elan has just been definitively adopted by Parliament and published in the Journal officiel.  Although it most notably imposes new city planning legislation, it also includes measures that help homeowners, especially those who rent out their apartment in Paris.   Flexible rental agreements Property owners will be able to […]

Although housing prices in France’s largest cities are still on the rise, the national average is hampered by price decreases in the rest of the country.   Focusing on Paris and France’s largest cities, we often forget about the price stability apparent in France’s many provincial regions. Admittedly, the real estate price index (IPI) of […]

A recent study on the impact of the Grand Paris metro expansion on more than twenty suburbs in the Île-de-France region shows prices are up more than 10% over the past year in about ten suburban cites that will benefit from the new metro lines.   With 200 km of track and 68 new stations, […]

After a dynamic 2018 year, the French luxury real estate market continues its upward climb, benefitting more and more from the marked return of French citizens, non-residents, and Europeans from London.  With their substantial buying power, these groups have contributed to price growth in the capital.   It’s the new normal: the number of French […]

Following in the footsteps of the records announced by the Louvre, most of the capital’s other major sites have also benefited from the upturn in tourism.   Tourists are flocking to Paris: preliminary data provided by Parisian cultural sites indicate a record high of number of visitors for the 2018 year and an increase in […]

2018 was a record-breaking year for the Parisian real estate market, from all-time high prices to all-time low interest rates.  But where exactly in the capital did the greatest changes take place?  In which arrondissements did price growth increase the most in 2018, and where do they currently stand in terms of price per square […]

After 4 years of construction and €211 million invested, the extension of Tramway 3b from Porte de la Chapelle to Porte d’Asnières was finally opened in November 2018, relieving rush hour commutes in the 17th and 18th arrondissements.   Parisians have a lot to celebrate.  Not only has construction of the T3b finally been completed, […]