Archive for August, 2010

Latest Paris Real Estate Data – Feb thru May 2010

August 5, 2010

The Notaires of Paris have just released their latest figures on the real estate market throughout the Ile de France, including Paris.  The figures once again confirm the trend of increasing prices, both in Paris and the outlying suburbs.  Paris apartment prices are up 7.2% year over year (May 2010/May 2009), more than negating the drop in prices experienced for the year prior (May 2009/May 2008).  For the quarter ending in May, prices have once again increased 2.6%, adding to the string of quarterly increases of the prior to quarters.

Coupled with these solid numbers is a very healthy increase of 56% in the number of apartments sold in Paris over the last year, with 7900 apartments sold in the last quarter alone.

To view this report in its entirety, you can visit the website at http://www.paris.notaires.fr.

Advertisements