Paris real estate prices evolution 2021
France property prices 2021
Frace Real estate prices by city 2021
CONTINUED RISE IN THE PRICES OF OLD HOUSING
The slowdown observed during the 2nd confinement was combined with withdrawal usual seasonal housing prices elders observed during the winter months. But at From March, their progress resumed at a sustained pace: and in April, the increase on 3 months was 2.7%, for the entire Marlet. Also, the annual increase is now 5.0%. The increase therefore remains rapid, despite a further weakening of price caused by the 3rd containment. It is the prices of the apartments that record the fastest progression, with an increase of 5.2% in the month of April alone. The increase measured over 3 months is thus 3.4%: the consequences of the fall in prices caused by the blocking of the market in large cities during the 2nd containment are still feel a little, despite a noticeable rebound in March. Nevertheless, the offer prices of sellers continue their recovery and the increase in signed prices is increasing: + 3.0% over 3 months, such a surge had not not observed since 2011, when demand had the full support of a PTZ without works, nor conditions of resources. In contrast, after the rapid increases in recent months, house prices progress much more slowly: + 1.6% over 3 months. The slowdown is therefore sensitive. The pressure of a demand that traditionally expresses his preference for this type of habitat seems to be fading, in despite further improvement in proposed credit conditions (rate and duration) by banks. Moreover, the prices displayed hardly increase any more. FURTHER REDUCTION IN THE PRICES OF NEW HOUSING Since the beginning of the year, the trend fall in new housing prices has installed. It is the liveliest on the market for houses, with - 5.2% over 3 months, against - 0.5% on that of the apartments. Thus, with an increase of 1.4% over one year, developments observed on the houses contrast with those observed there a few more months. Despite the rebound of demand, the new supply adapts to budget constraints of households that carry out their projects in this market. By on the other hand, the increase in apartment prices remains strong, with + 3.8% over one year. Usually, promoters avoid lower the prices of marketed housing, preferring to accompany the sale with a "gesture" commercial (an equipped kitchen, for example)
NO BREAK FOR THE PRICE RISE IN THE CITIES
In 75% of cities with more than 100,000 inhabitants, the increase the price of old apartments is always at least equal to 5% over one year (65% of cities over 50,000 inhabitants): it is even at least 10% in 30% of large cities. Among cities with a price increase of at least 10%, there are many medium-sized towns where prices do not hardly exceed 2,000 € / m²: Cholet, Evreux, Montauban, Saint Quentin or Troyes, for example; corn also and always Mulhouse. Such increases can be seenalso in many large cities, centers of spaces metropolitan: Lille, Nantes, Rennes and Strasbourg. So, if the price level remains the highest in Paris and its 1st crown, the fastest price increases are meet in the Province. As for Paris, the pace of the increase picked up in April: with + 4.6% over one year. Moreover, over the last 3 months,the increase was + 3.1%: the weakening of the end 2020, which combined seasonal troughs and the impact of2nd confinement seems forgotten. From last January, this recovery was already evident and in April, prices increased by 5.0% over one month. In 11 of the 20 Parisian arrondissements, prices now exceed 11,000 € / m². And an increase of more than 10% on a year occurs in 2 of the most expensive arrondissements (1st and 4th)
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