2018, a positive year for luxury real estate in Paris
Seventh most expensive city in the world and second European capital behind London, Paris has now become a must in real estate investment. 2018 was particularly positive for the Parisian market. The revenues generated increased by 17% and can be especially explained by an increase of the market prices and the very low mortgages rates. The purchase price per square meter in the capital will continue to increase in 2019, however the euphoria experienced by the Parisian real estate market in 2018 should start stabilizing, especially through the rise of the mortgages rates. But the luxury real estate market is still growing and is far from running out of steam with an expected increase of 5%.