Paris house price loss augurs well for provincial gain
Issued on:
08/02/2021 - 21:27
Paris property prices have taken a slight hit as money moves out of the capital into the provinces. REUTERS/Philippe Wojazer
3 min
House prices within central Paris have fallen as owners search for an exit to greener locations and foreign investors hold out for bargains.
Advertising
Read more
Data released by the notaries of Greater Paris - which registers sales - shows that by March the average price of a square metre will be around 10,700 euros. In November the figure was 10,850 euros.
"The coronavirus pandemic and the first lockdown led many people in cities to think about their surroundings and it was even more the case in Paris," the notaries said in their quarterly survey of the national sales market.