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Real estate: why the market is slow to turn around

by Alexandra Hartman Editor-in-Chief

Posted Feb 1 2023 at 7:00 amUpdated Feb 1. 2023 at 11:49

At first glance, the French residential real estate market is sticking to its guns at the start of the year. At 1is February 2023, according to the Best Agents – “Les Echos” indices, prices rose very slightly by 0.1% in January, following remaining stable the previous month, to settle at 3,205 euros the average price per square meter , Whole France. Similarly, the ten largest cities in France, excluding Paris, saw their prices increase by 0.2% in January, once morest 0% in December.

In reality, nuance Barbara Castillo Rico, head of economic studies at Meilleurs Agents, “the general slowdown in the market continues. For three months, prices have only increased between + 0% and + 0.1%, on average, while over the same period, in 2020, 2021 and 2022, the increase was around 1%. »

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