New study 2023: The luxury real estate market in France

Luxury real estate, an imperturbable sector.

Real estate experienced an exceptional period from 2019 to 2021; Boosted by low or even negative rates, buying has never been easier.

This euphoric surge is calming down, 2023 heralds a new cycle, a return to balance.

In the wake of the pandemic and a historic homebuying boom, we have reached a key inflection point. In 2022, market demand for the transaction has relaxed. 

Supply is rising and gradually returning to its pre-health crisis level.

In 2022, the average price per square meter is increasing everywhere, except in Paris, Neuilly-sur-Seine and Levallois-Perret.

But there is no reason to give in to pessimism, especially in luxury real estate. This is demonstrated by our Coldwell Banker/PriceHubble study.

Finally, our American study Trend Report 2022 tells us that being a homeowner is a strong and reassuring act. In the United States, prices for luxury family properties have risen 60% since 2017.

We know that a home doesn't just bring financial stability. As we discovered during the pandemic, a real estate project can bring emotional and psychological security, a sense of well-being and a better quality of life.

Discover the online version of our study on the luxury real estate market in France:

http://www.calameo.com/books/005506406594b15e172a1

 

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