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This summer, Paris housing prices reached record levels

01.06.2017
Homesoverseas.ru editorial office
106

Prices for housing in Paris will reach record levels this summer, as buyers (much of which are British) are actively buying apartments in the most sought after areas of the city, reports The Local , referring to the latest data of the French Chamber of Notaries.

The Parisian notary Thierry Delesal points out: "The number of buyers is growing at a tremendous rate. Demand overtook the offer, mainly on special objects and, possibly, thanks to Brexit. "

During the first three months of this year, prices for second homes in Paris rose by 5.5% to ˆ 8,450 per square meter. According to preliminary contracts, by July this year they can grow up to ˆ 8,800 for a "square". Last time the price in ˆ 8460/1 sq.m. M was achieved in 2012.

17% of sales to foreigners in the beginning of this year fell on the Italians, 10% - on the British.

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