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Real estate prices still very high

2020-09-10T19:40:47.067Z


A new fact, the price of housing located in the suburbs is increasing faster than in Paris.Despite the Covid-19, the temperature of the real estate market does not go down. The buyers, who rushed on the stone out of confinement, also put the prices in overheating, according to the notaries of Greater Paris. In the capital, the price per square meter is close to 11,000 euros (10,860 euros) according to the sales promises signed until the end of July. Read also: Real estate: why buyers o


Despite the Covid-19, the temperature of the real estate market does not go down.

The buyers, who rushed on the stone out of confinement, also put the prices in overheating, according to the notaries of Greater Paris.

In the capital, the price per square meter is close to 11,000 euros (10,860 euros) according to the sales promises signed until the end of July.

Read also:

Real estate: why buyers of new homes have so much less choice

This corresponds to a 6.6% jump over one year.

An increase, however, less strong than in the previous quarter (8%).

A new fact, the price of housing located in the suburbs is increasing faster than in Paris (+ 9% in the inner suburbs - houses and apartments -, + 7.6% for houses in the outer suburbs).

A phenomenon that we had not seen since 2007. Containment has gone through this and the desire for pavilions and gardens lead to sales.

"These requests were already perceptible before, but we can see that the phenomenon is continuing and growing",

indicates Thierry Delesalle, notary in Paris.

Uncertainties

The confinement has however largely penalized the

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Source: lefigaro

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