The postponement of Parisians on the real estate market in the inner and outer suburbs is nothing new, but the Meilleur Agents site is inclined to strengthen this trend.
“The figures are on the rise in the inner and outer suburbs.
I think that these are the winners of the crisis and of this sociological change, ”explains Thomas Lefebvre, scientific expert at Meilleur Agents.
The various confinements have increased the desire for space and an exterior and teleworking, for those professions that can, has opened up prospects for moving. Over one month, prices were maintained in Seine-Saint-Denis (+ 0.1%), and progressed a little more markedly in Val-de-Marne (+ 0.4%) and especially in Hauts- de-Seine (+ 0.6%), a department which is still in great demand.
For Thomas Lefebvre, the cities to look at are those that are well connected and will be even more so with the Grand Paris Express: Saint-Denis, Noisy-le-Sec, Le Blanc-Mesnil (Seine-Saint-Denis), Champigny (Val-de-Marne)… On the other hand, the craze for houses is not waning: their price increases more sharply than that of apartments: + 5.4% against + 3.3% for the Val-de -Marne, + 4.9% against 2.9% for Hauts-de-Seine and + 4.1% against 3.7% for Seine-Saint-Denis.
The Val-d'Oise records the highest increase
In the outer suburbs, prices are also on the rise. The Val d'Oise achieved the most marked change over one month for apartments: + 0.6%, + 4.3% over one year. "There is a real need for space, and for nature ... Garden level apartments are in great demand, which was not necessarily the case before," says Jean-Marie Baudry, director of the Quero agencies at Enghien-les-Bains and Deuil-la-Barre. The representative of the FNAIM in the department also noted a runaway for the pavilions (+ 3.6% according to Best Agents): “There is a real demand on the part of Parisians and the inner suburbs, which is added to local demand, he blurted out. It is general throughout the department. We have a lot of demand and few goods so that has an effect on prices, unfortunately… ”
Good increases also in Essonne and Seine-et-Marne (both + 4% over one year for apartments, + 3.4% and + 2.7% for houses), while prices in Yvelines, the department where prices are higher and remain stable (+ 1.5% for apartments, + 1.4% for houses over one year).
“There are still territories to be conquered, especially in the outer suburbs.
Now, the quality of existing transport must be there, ”explains Stéphane Moquet, CEO of Orpi France.
To read also "Confidence returns": in Paris, the real estate market is recovering
This is a symbolic figure: for the first time in eight months, Meilleur Agents recorded in its barometer for May an increase of 0.3% in one month in Paris with an average price per square meter (m2) of 10,296 euros.
“In the spring, we feel a more marked dynamism, a return of buyers and therefore prices increase slightly, but it is too early to say if we are starting to rise again.
The market remains linked to the health situation and the economic recovery.
The fundamentals remain chaotic, ”says Thomas Lefebvre.
In fact, over one year, prices have fallen by 2.1%.
Unheard of, when we were rather used to annual increases of 6 or 9% before the Covid.
Significant decreases
Over one year, certain arrondissements recorded marked decreases such as the 5th (-4.6%), the 3rd (-4%), the 4th (-3.4%). “These are chic districts, where there are quite a few large apartments. However, supermarkets are declining a little more. On the other hand, investors are less present because students and tourists are no longer there, ”continues the expert. Only the 19th and 2nd centuries are on the rise (+ 0.6% and + 0.3% over one month). Stéphane Moquet: “It's a slight rebalancing. After a slowdown in the first quarter, the volume of goods for sale and sales promises are on the rise. ”