Real estate prices in Paris have quadrupled since the year 2000.

Real estate has experienced rapid development over the past twenty years in the capital. In the rest of the country, prices have more than doubled. Is it possible for the growth of real estate prices in Paris to slow down? It's too early to say, but property sale prices slightly decreased at the beginning of 2021. However, this is a minor drop compared to the last twenty years: prices in the capital have quadrupled! In other cities in France, where the growth has not been as significant, prices have increased by 2.5 times.

When it comes to real estate transactions, the number has never been as high as in the second quarter of 2021, with 1.15 million sales.

It's hard to say whether the price increase will continue. On one hand, despite a tight market, housing construction has noticeably slowed down since 2017. Therefore, a supply shortage is expected in the coming years. On the other hand, the decline in interest rates, one of the main drivers of price growth in recent years, is likely to come to a halt: they have approached their minimum (yields on ten-year bonds have come close to 0%).