-
House prices in France fall again, but not everywhere
Prices for existing homes dropped nationally by 1% in the second quarter while property sales remained steady
-
Property prices rising in France but buyers still negotiating
New figures suggest that it is still a ‘buyer’s market’ - but this may not last
-
House price falls accelerating in France: will this continue?
Leading estate agent groups report a fall in prices, making it a ‘buyers’ market’ after months of high interest rates and political uncertainty
SEE: flat prices start to fall in France in new notaire data
The number of sales was already in decline
The price of non new-build flats has started to decline according to new sales data with only the south-east of France bucking the trend.
France's largest real estate agency, Century 21 had previously stated that “prices have to go down” in order to resuscitate the flagging housing market; new data from the Notaires de France appears to show the start of this.
Paris in particular saw the price of non new-build flats fall by 5.3% between the third quarters of 2022 and 2023.
In Lyon, the fall has been more pronounced, with 5.9% over one year.
Some other areas see prices still increasing albeit generally below the rate of year-on-year inflation, which was around 4% in the third quarter of 2023.
The only area that saw a marked increase in the sales prices of non new-build apartments was the south-east, where Nice and Toulon saw rises of 4.3% and 6.4%.
Sales price of non new-build flats in France:
Read more
France’s property market sees greatest fall in sales for 50 years
