in Paris, a market that is beginning to recover

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In one year, real estate transactions have increased by 18% in Paris. ARNAUD ROBIN / Le Figaro Magazine

DECRYPTION – The market has regained dynamism; but this is not the madness of the pre-Covid years, when properties were selling in record time.

In real estate, Paris is definitely the exception that confirms the rule. For years, prices in the capital were soaring where the rise was more measured elsewhere. Since the Covid crisis, the trend has reversed. Prices have fallen in the City of Light: by 1.2% between the first quarters of 2021 and 2022, according to the notaries of Greater Paris. During the same period, they soared in the regions (+9.3%) and also increased in Île-de-France (+0.9%). The square meter is now trading around 10,500 euros in the capital, according to notaries. According to Century 21, it is now necessary to pay 535,480 euros on average to afford an apartment in Paris with a surface area of ​​52 m2or barely 10,300 euros per square meter.

After flirting with 11,000 euros before the health crisis, will Parisian prices fall below 10,000 euros? Some buyers hope so and wait. They are counting on the renewed interest in the suburbs since the Covid…

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