The French real estate market is going through hard times, sales are at historically low levels, and in most cities apartments and houses have fallen in price year-on-year.
- Lille: -10.2%
- Nantes: -10.8%
- Grenoble: -10.8%
- Bordeaux: -9.8%
- Ile de France, including Paris: -8.4%
- Marseille: -2.1%,
- Montpellier: -2.6%
- Toulon: -2.9%
The biggest drop in prices was recorded in the north of Corsica: -16.6%. However, it followed a period of explosive growth (+25%).
Some regions, however, are going against the general trend. Housing prices have increased year-on-year in several cities.
- Montauban: +4.6%
- Dijon: +3.1%
- Orleans: +2.7%
- Chartres: +2.7%
- Strasbourg: +1.1%
- Amiens: +2.1%
- Bourgeoisie: +3.3%
- Nice: +1%
Small coastal towns, popular among resort home owners, for the most part managed to avoid a decline in sales and lower prices due to their unique status in the market.Most of these municipalities, including Saint-Malo, Pornic and Trouville-sur-Mer, saw price increases, as did large cities including Cherbourg.
The most expensive real estate in France is in Paris (9,490 euros per sq. m.). Next are: Nice (4,670 euros per sq. m.), Lyon (4,480 euros per sq.m.) and Bordeaux (4,270 euros per sq.m.).
The most affordable cities to buy a home are Saint-Etienne and Mulhouse (1,140 euros), Limoges (1,520 euros) and Bourges (1,570 euros).
Source: The Connexion
