Here, we regularly share market news & property price evolution studies as well as other useful information about real estate in Paris & France.
AFTER BEING TURNED BY THE CRISIS, THE FURNISHED RENTAL MARKET IN PARIS AND FRANCE IS GRADUALLY NORMALIZING
With tourists absent, the offer for furnished long-term rentals has exploded in a few months. This has sometimes resulted in cheaper furnished rents than with an empty rental in some cities. But the market is starting to normalize.
Real estate prices could soar in the center of the capital. The town hall wants to "drastically reduce" the traffic of transit vehicles in the first four arrondissements of Paris, as well as in the part of the left bank located north of Boulevard Saint-Germain in the 5th, 6th and 7th arrondissements. This was recently explained by Anne Hidalgo's EELV deputy, David Belliard. In this context, a phase of consultation with the population was launched on Wednesday May 12, 2021.
Text in ENGLISH - DEUTSCH - ESPAÑOL
THE RISE IN REAL ESTATE PRICES ACCELERATES IN SEVERAL BIG CITIES
According to the SeLoger barometer, the price per square meter has increased by 5.8% on average over one year in France. And in some cities, the market is racing. In Limoges, for example, house prices are increasing three times faster than in 2020.
While the DPE is gaining momentum and the ecological transition seems well underway, we asked ourselves the question of what impact the DPE really had on real estate prices in France and how much is the green value, this added value. that its good energy performance is supposed to confer on a home?
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AS IN 2020, THE FRENCH REAL ESTATE MARKET IS RESISTING TO THE CRISIS AT THE BEGINNING OF THE YEAR
Fnaim notes a still very sustained pace of sales and resisting prices. But she also sees the end of euphoria in the big cities.
(BFM Immo) - "The residential market remains unmoved in the face of the crisis". This is how Fnaim sums up the year 2020 and the start of 2021. Indeed, last year the real estate market resisted the crisis very well. The resumption of visits and signing of sales agreements following the first confinement led to a rebound in sales from August 2020. "Over the whole of 2020, sales volumes have not down only 4%. The ministry estimates that around 1,046,000 transactions were carried out over the last 12 months at the end of February 2021 ", specifies Fnaim in its latest economic report.
The rise in the price of second-hand housing continues, without slowing down. With the rebound in demand seen at the end of February, the signs of weakening their progress that had appeared with the 2nd containment have faded. And between December 2020 and last March, the price increase was 3.0% for the entire market. Moreover, during the month of March alone, prices increased by 4.6%: such a development is frequent in early spring and it is normally seen during this period, when the market is recovering.
Extract translated from the notaries' document (see source)
Now is the time for the first assessments and, first of all, for an absolutely unprecedented year. The results of the 4th quarter confirmed the comments we made in December 2020 when we already announced a resilient real estate market thanks, in particular, to healthy and solid parameters, the nature of which did not seem to suffer from the effects of the health crisis. . With regard to volumes, an upward recovery has been observed since September 2020, to total 1,024,000 transactions as of December 31, 2020
Nous avons préparé pour vous un dossier spécial sur l'évolution des prix sur le marché immobilie rparisien et en région parisienne afin de tenter de mieux comprendre les impacts du confinement ainsi que de savoir quelles sont les perspectives pour 2021, arrondissment par arrondissement, commune par commune.
Il vous suffit de cliquer sur l’image ci dessous pour télécharger le dossier spécial en PDF (disponible en 4 langues)
Agence immobiliere Talvan's International à Paris
Paris will always be Paris but it is gradually emptying its inhabitants ... Should this be seen as one of the consequences of the multiple confinements to which we have been subjected and which have not failed to reshuffle the cards of the real estate market ? Still, a shifting phase seems to have started between a metropolis visibly lacking in attractiveness and medium-sized cities whose love ratings keep rising. Prices, rents, attractiveness ... State of play of the Parisian real estate market.
Are you selling propery in PAris or France ? The rules for DPE are changing this year, with the introduction of new energy performance requirements for homes for sale and rent. This mandatory diagnosis will therefore evolve and in particular become enforceable in the context of a real estate sale. (extract)
The luxury market in France
For luxury real estate, buyers are still turning to the French Riviera and Paris, and with such limited supply in a geographically very small city, demand remains strong in the luxury market.
Increase in luxury ads on Properstar in France
+ 34% for properties priced between 1 and 2.5 million euros.
+ 28% for properties priced above 2.5 million euros.
The number of luxury ads published on Properstar in France is 32% higher in January 2021 than in 2020 with 27,229 ads. There is a growing demand for rural property in France, whether it is a permanent residence or a second home, from national and international buyers.
Luxury buyers and prospects In the French high-end housing market, values are expected to continue to rise, pushing market averages higher. In 2020, 16% of prospects in France on the ListGlobally network concerned properties over € 700,000. View our 2020 report on international buyers in France.
