Olivier Marin, chief reporter for Club Immo reported today on Explorimmo the latest news from French notaries on the condition of the Parisian Market.
According to Parisian notaries, there is a continuing decline in the value of properties in general in Paris, overall a 4 percent decrease over two years.
Notaries anticipate that the average price per meter squared in the capital of France will soon drop below the symbolic 8000 euro / m2 threshold, the first time since 2011.
In contrast, there have been 100,400 pre-owned homes sold in the Ile-de-France during the first 9 months of this year which is + 3% year on year but way lower than the records of pre-2008 records.
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Listen to this update in a French video from Explorimmo here
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