soon a change of course in Paris and Ile-de-France?

Decryption In Paris, as in the rest of Ile-de-France, buyers are slowly returning. Prices are falling less and less, they could even start to rise again by the end of next year.

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Two years ago, Charles Marinakis, president of Century 21, announced that Parisian real estate prices would fall below the threshold of €10,000/m². At the time, his predictions were met with much skepticism. It is clear that the decline has indeed taken place. The average price per square meter in Paris is now €9,279, according to the “Nouveau Obs” real estate rating, down 3.8% over one year and 12.6% compared to the highs of November 2022. For the moment, the trend is less in the Paris region.

Has the market yet purged its excesses? Yes, according to some – often professionals who came close to ceasing their activity after the sudden cessation of sales and who are using the Coué method to bring about the much-hoped-for recovery. No, according to others, in lack of products at the right price. What is certain is that the worst of the crisis has passed for old real estate. And here and there we observe timid signals of stabilization, even of…