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Housing sales in Paris rose 40% year on year in the fourth quarter. An increase in sham, according to lawyers, who must not forget the weak market. Price aside, some variation but no significant change.
(LaVieImmo.com) - Beware of hasty conclusions. Faithful to the prudence that characterizes several quarters now, the Paris notaries warned Thursday morning all against too rapid analysis of their latest housing data. If the volume of sales in Paris intramural appear house designs up 40% in the fourth quarter, is compared with particularly gloomy 2012 season. A gloom which the market is struggling to divest, since throughout the year, the number of transactions increased by only 3%, for a total of 28,580 existing homes. Is about 26% less than the average sales each year in the capital between 1999 and 2007, good times before the financial crisis. Low threshold
"At 28,500 sales, we are in a bit of sales constraints, Thierry house designs Delesalle, notary house designs in the 1st district and chairman of the Committee on Statistics of the Chamber of Notaries of Paris-Ile-de-France analysis. Sales due to job transfers, to birth, house designs to divorce or inheritance, but not sales of so-called "comfort" or sales to investors. "
The Paris market is therefore maintained a "low threshold" and "catching up" of the late 2013 should only be temporary. "Since November, it happens much more in terms of pre-contracts, says Mr. Delesalle, anticipating" a sizeable drop volumes in the first quarter [2014] compared to the fourth quarter [2013] ".
The activity could then grow again, supported by both "seasonal housing market and exceptional reduction house designs of 25% on capital gains," in effect until the end of August. Nothing, however, does not allow this stage to anticipate a net restart the Paris market. The price per square meter per district in Q4
Paris: 8140 (-1.5% yoy) 1st district: 10,220 / m (-0.3%) 2nd district: 9,570 / m (-4.3%) 3rd arrondissement 10,140 / m (-0.7%) 4th district: 10,970 / m (0.3%) 5th district: 10,170 / m (-1.8%) 6th district: 12,390 / m (-2 3%) 7th district: 11,920 / m (0.2%) 8th district: 9,630 / m (-6.2%) 9th district: v 8760 (-0.3%) 10th district: 7,790 / m (0.9%) 11th district: 8,200 / m (0.4%) 12th district: 7,910 / m (0.1%) 13th district: 7,580 / m (-2.6%) 14th district: 8,450 / m (-1.2%) 15th district: 8,630 / m (0.1%) 16th district: 9,070 / m (-5.7 %) 17th district: 8,300 / m (-3.3%) 18th district: 7,320 / m (2.4%) 19th district: 6,790 / m (0.5%) 20th district: 6,940 / m (0.2%)
Yeah there 20 years do not worry, you ever talk to proprios 50 brushes or probably not far off. Besides no longer think of the real but rather how to avoid being stinking mouth, feet and armpits in 10 years and does not inevitably looks like an old shnock house designs ... But actually arrived there 3 years in the real estate market I FOUND there is nothing to buy at affordable prices. And no thank you I '
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