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Les Echos, September 11th 2023
Real estate: these 3 key trends in the luxury market by Anne-Sophie Vion
The downturn in the residential real estate market, marked by falling volumes and prices, is not sparing the niche of prestige properties. Before the summer, high-end networks showed the first flaws in the Parisian luxury market. In a difficult context for the French residential real estate market, how is the prestige property segment performing? Answers in the first summer reports from high-end networks.
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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