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Real estate

Over the year, Paris housing prices increased by 7%

Despite the crisis, the growth in price per square meter, although slowed, did not stop – over the past year prices rose by 7.1%. This growth, by the way, exceeded the figures for the previous year, 2007, in most districts. However, as the online real estate magazine Metrinfo.Ru writes in the article 'Demand for Apartments Shifted from Moscow to Paris', in December compared to November, prices fell by 0.5-2.7% in most districts.

The most expensive increase over the past five years was for cheap housing – the price increase for it over this period was 101.6%. Moreover, renting such apartments is in high demand – immigrants from former French colonies move into them in droves.

For those who are planning to buy housing in the French capital, real estate agents advise paying attention to the 18th or 19th arrondissements of the French capital, where prices are moderate and the social environment is decent.