The Paris Notaires (http://www.paris.notaires.fr/) have issued their latest report on the state of the Parisian housing market, covering the period from May 2007 through May 2008. In a nutshell, here are the findings:
1. The volume of sales in Paris has decreased 20% in the last year. I am sure that this is due both to the higher prices in general, as well as a reflection of softer economic conditions throughout France and the Eurozone.
2. The average price of apartments in Paris increased 9.4% over the last year, continuing the steady appreciation of the last 10 years.
Here is the summary table posted by the Notaires:
Advertisements
Leave a Reply