In New York, French buyers are returning in search of good deals

New York is back.

In the streets of Big Apple, we are far from the hustle and bustle, but the sound of sirens has returned, and life slowly resumes its course.

With the reopening of borders in November, foreign buyers, and many French people, are also making their comeback.

,

enthuses Yann Rousseau, head of the Barnes New York agency.

Last year, prices fluctuated widely, due to lack of demand (from -20 to -30% in new vehicles, from -10 to -15% in old ones according to Barnes).

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"Some clients have done very good business, especially in new buildings, where developers had to sell at all costs in a stalled market,"

recalls the real estate agent.

But that window gradually closed.

Since the start of the year, the market has taken off with a bang: nearly 4,500 sales were signed in Manhattan in the third quarter of 2021, according to real estate barometer Douglas Elliman.

A record

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