Preferences Preferences To safeguard0
Contact us
Paris Ouest (Paris 16ème - Victor Hugo)
Sotheby's International Realty
Paris Ouest (Paris 16ème - Auteuil)
Sotheby's International Realty
Paris Ouest (Paris 17ème - Etoile Monceau)
Sotheby's International Realty
Paris Ouest (Neuilly-sur-Seine)
Sotheby's International Realty
Paris Ouest (Hauts-de-Seine - Yvelines)
Sotheby's International Realty
Paris Marais
Sotheby's International Realty
Paris Est
Sotheby's International Realty
Send an email

Preferences

Currency

My research
  1. Home
  2. >
  3. All news
  4. >
  5. Press
  6. >
  7. Should we expect a drop in the real estate market this year?

Should we expect a drop in the real estate market this year?

Le Figaro

Share this link
Should we expect a drop in the real estate market this year?

The health crisis has reminded that real estate is a safe investment, a trend that is only being confirmed in the current context. The market is still just as dynamic across France. The rise in prices is 1.8% over 3 months and almost 8% over a rolling year. An activity that risks leading to a form of market drying up. "The psychology of buyers, especially the younger generation, has changed," analyzes Alexander Kraft, president of Sotheby's International Realty France - Monaco. They are ready to work outside big cities, provided they find a comfortable property with an extra room, an open kitchen, a balcony or even swimming pool. »

But beyond these market developments, the real question concerns the impact that the war in Ukraine could have, and the trends that already began before the start of the conflict: the return of inflation and the rise in interest rate. Indirectly, the war in Ukraine may contribute to maintaining high prices. The rise in the price of raw materials and their transport will make new real estate more expensive and send some customers back to old properties, while soaring energy prices can encourage costly renovations.

But the top of the range and the luxury are not suffering from this context for the moment. Alexander Kraft notes that “Big cities like Lyon and Paris (especially the 11th and 12th arrondissements) remain popular for those who crave social interaction”.

To read the rest of the article, click here.

The latest articles

Unmatched Elegance: Explore Tony Parker's Prestigious Estate in Texas, priced at $16.5 Million
Read more

Unmatched Elegance: Explore Tony Parker's Prestigious Estate in Texas, priced at $16.5 Million

In the privileged world of luxury real estate, some residences exceed expectations, captivating with their splendor and elegance. Today, Kuper Sotheby’s International Realty is honored to present one of these exceptional properties, an architectural masterpiece...

Read more
In the heart of the luxury Real Estate, in the prestigious 16th arrondissement
Read more

In the heart of the luxury Real Estate, in the prestigious 16th arrondissement

In the distinctive realm of luxury real estate in Paris, the 16th arrondissement holds a prominent position, characterized by its exceptional charm and unparalleled quality properties. Contrary to common belief, which often reserves it for the financial elite, this...

Read more