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Croissance Investissement, March 6, 2023
Luxury real estate: 2022, an unexpected historic record year by Croissance Investissement
Despite difficult circumstances (war in Ukraine, inflation, rising rates, falling euro, tense economic situation, Covid effect) and the holding of presidential elections in May, the year 2022 is still breaking all records in real estate. Sotheby's International Realty France—Monaco published record results with a sales volume of more than 1.61 billion euros for the French network, +11% compared to 2021! Read for more 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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