2023-05-03 20:32:37
This is the shock figure: the prices of old real estate have fallen by 5% over one year in Paris, unheard of since the financial crisis of 2008. Also marked drop in Lyon, Nantes, Bordeaux… But what regarding there prices in medium-sized towns and rural areas? They’re also down, but less sharply, indicates data from Top Agents, which we exclusively reveal. Since the beginning of the year, the prices of apartments in medium-sized cities (25,000 to 100,000 inhabitants) have fallen by 0.3%, far from +2.1% in Paris. And those of houses in rural areas are even up by 0.6%.
“We are not facing a crash”
“It’s a trend reversal. Real estate has generally entered a downward cycle, but we are not facing a crash”, explains Thomas Lefebvre, scientific director of Meilleurs Agents, a site specializing in real estate appraisal.
The main reasons for this…
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