Monday, November 28, 2005

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property: the average selling price exceeds € 8,000 / m2 in paris neighborhoods

Despite some stabilization recorded over the past two months, last October the average selling price of apartments exceeded 8,000 euros per square meter in four districts of Paris.

"The property prices have stopped thrashing," says the barometer of housing prices in October 2005 directed by SeLoger. The survey, which contrasts with the traditional study so slow notaries, as almost "real time" changes in property prices during the sale or rental of property. However, it reflects still very high prices seen last two months.

In Paris, four districts in the average price of apartments in the former exceeded 8,000 euros / m2: it reached EUR 9,268 / m2 in the 6th arrondissement, 8982 euros / m2 in the 7th arrondissement, euro 8119 / m2 in the 4th arrondissement euros/m2 and 8038 in the 5th arrondissement. These prices recorded in October 2005 are roughly similar to those that were recorded in September 2005. Overall, all districts combined, the barometer SeLoger finds that stabilization, but no drop in Paris. Side rentals, rentals Paris m2 are staged monthly euros/m2 of 19.02 (19th arrondissement) at 28.78 euros/m2 (6th arrondissement). The average price for all districts combined new rentals in Paris in October 2005 is 23.90 euros.

In departments in the Paris suburbs, the sale price and rent stabilized. But the sales price levels are quite high: an average price in the Hauts-de-Seine from 4846 and 2701 euros/m2 euros/m2 in the Seine-et-Marne.
The study states, also, prices in Lyon (up for sale, for rent stable), Marseille (pause sales prices and rent levels), Bordeaux, Toulouse and Montpellier, these last three cities have returned with wisdom, prices and rents are marking time

source lesechos.fr

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