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- Le Luxe Magazine, October 22nd 2022
Le Luxe Magazine, October 22nd 2022
Sotheby's International Realty: Record results in the third quarter of 2022 by Pierre-Etienne Callies
Alexander Kraft, Chairman and CEO of Sotheby's International Realty France-Monaco announces total sales exceeding 900 million euros at the end of August. If we look at last year's figures, nothing surprising. Just looking at the economic events, the war in Ukraine as well as the rate hikes the predictions were much weaker. Happy news for the market which, despite this situation, is doing very well thanks to a particularly active summer. Find out the details.
Capped prices, a drop in sales, a decline in demand: this is the current observation in the high-end real estate market, particularly for properties whose value is between 1 and 7 million euros. But in the ultra-luxury segment – where property values are higher...
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Real estate, the new prices for the 2023 school year. This sometimes criticized sales strategy offers a property, often atypical, from a customer file, without advertising. A test that can hold some pleasant surprises.
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Like everywhere, access to property is becoming complicated. But, although transactions are fewer, prices remain high, particularly on the coast. Although the market is no longer as active as in recent years, it remains stable and buyers are present. Check out this...
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