the sharp drop in prices is confirmed in and in large cities

the sharp drop in prices is confirmed in and in large cities
the sharp drop in prices is confirmed in Paris and in large cities

DECRYPTION – Sellers have finally come to terms with the market decline. The decline is expected to continue, according to Century 21.

Real estate buyers with cash have more control than ever. Particularly in cities, where prices had soared in recent years, before a sudden reversal. Stone prices have accelerated their fall in recent months in large cities, under the effect of expensive credit limiting the purchasing power of households. In , per square meter is now trading around 9,286 euros on average (- 6.1% from September 2023 to September 2024), according to the Century network. The symbolic threshold of 10,000 euros per square meter, broken more than a year ago, now seems far away. Since 2020, the price drop has reached more than 12%. A notable decline.

This price could even go lower, according to Century 21. « Parisian real estate remains too expensive despite everything », estimates Charles Marinakis, president of Century 21. What augurs well for sharper declines? « Prices will continue to fall slowly and adjust around…

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