Extract translated from the notaries' document (see source)
Property prices in paris and France : outlook notes (notary offices) - April 2021
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, thus limiting the drop in volumes to 4% over one year. This which could appear for a poor performance must obviously be put into perspective with regard to the period of virtual interruption of the market during the 1st containment of spring 2020. This pace is further confirmed, with a cumulative amount of 1,046,000 transactions at the end of February 2021, or -2.3% over one year.
This first assessment is in line with the previous forecasts of notaries who had, for a long time, announced an accumulation of transactions very close to one million for
the year 2020. User appetite for the real estate market has remained strong, although its dynamics are shifting somewhat differently. The usual market parameters remain attractive and the appetite for stone remains, reinforced by a high level of savings
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