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Real estate : a possible drop in prices in Paris

Times are currently at the balance, notably with a 0.1% increase in price of real estate everywhere in France, during the past month, except, for the first time since August 2015, in Paris, where price of real estate have drop by 0.1% over the last 12 months.

Immobilier : une possible baisse des prix à Paris

The year 2020 is especially marked by a oscillating trend, where phase of euphoria and of slow-down did not stop substitute. However, the year 2021 is starting quite calmly, with slight increase of 0.1% of price of real estate over the past month in almost all of France.

For the first time since August 2015, it is possible to notice a drop of 0.1% of price of real estate in the city of Paris, during the last 12 months. To that is added the drop of 1% of the prices of supermarkets. Assessment of this situation: if prices were estimated at 10,500 euros per square meter, and were slowly moving towards 11,000 euros per square meter, they have currently fallen to 10,350 euros per square meter in the capital. Even if these price know a slight decrease, they remain quite high compared to other large French cities. Concerning the current situation, the key word to remember is the balance.

The proof, the prices observed since the end of October have been fairly stable, and this tends to continue, with increase of only 0.1% of prices over the past month in almost all of France. This pricing trend justifies the stability of market, as well as his ability to get back on his feet. For many actors of real estate, stone always remains an irreplaceable safe haven. With the ambiguities hovering over the field of employment, access at credit remains a sensitive subject. As a result, buyers remain discreet and the relationship between supply and demand tends to be balanced in the majority of urban areas, as well as in the capital.

For the first time since August 2015, price of real estate in Paris are subject to slight decrease of 0.1%, worsened by the drop of 0.1% of price at the level of malls. If prices in the suburbs generally follow the Parisian trend, these recent months are considered an exception. In one year, the price of real estate experienced an increase of 2.5% in the inner suburbs and 2.7% in the outer suburbs.

 

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