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        Luxury Real Estate in Paris, France

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        NEWS
        • The high-end and luxury residential market in Paris and its outskirts

          The high-end and luxury residential market in Paris and its outskirts

          A review of 2022 and looking forward

            The luxury real estate market in the capital has not mirrored - at all - the downturn observed in transactions at prices below 1 million euro resulting from the economic, financial or geopolitical context.The war in Ukraine, the increase in rates and instability in the equity market seem, in fact, to have had little or no impact on the luxury real estate bracket.This contrast between the top-end and the rest of the market has been observed during other crises in the past. Clearly particularly resilient, the luxury real estate market is progressing at the pace of other luxury assets such as art.We are confident that 2023 will follow suit as we can’t see a change in the constants on the horizon; Paris remains a powerful magnet for both French and foreign buyers, quality assets coming onto the market are few, and changes in interest rates have a lesser impact for buyers in this price range. With a readjustment of the balance of power between buyers and sellers, this...

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        NEWS
        • 2021, a record year for real estate

          2021, a record year for real estate

          Le Monde, 4th January 2022

           In a changing market, low borrowing rates no longer compensate for rising property prices. In his economic report dated January 3rd 2022, Laurent Vimont, president of the Century 21 network whose 925 agencies concluded 50,000 transactions over the past year, observes “For the moment, the market is very active after records were broken in 2021". After an atypical year in 2020 penalized by eight weeks of lockdown, record sales indeed, close to 1.2 million and comparable to those achieved in...

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        NEWS
        • Real estate - Wealthy foreigners are back in the Parisian market

          Real estate: wealthy foreigners are back in the Parisian market

          Le Monde.fr - by Véronique Chocron - September 6th 2022

            In the capital’s 7th District, for the first time since 2013, one apartment in five acquired in the first half of the year was purchased by a foreign buyer. This renewed interest could explain the rise in prices in the capital's desirable neighbourhoods in the second quarter, as they dropped in the majority of the city’s less prestigious areas.Since the outbreak of the Covid-19 pandemic, wealthy foreigners had turned their back on the Parisian real estate market. Now however, they are back,...

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