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Low real estate prices in Paris: the capital is dragging the Paris region into its slump

Low real estate prices in Paris: the capital is dragging the Paris region into its slump

Evelines, where the average price per square meter is 4,779 euros, apartment prices have decreased by "only" 2.1% over the past year. In contrast, in Val d'\''Oise (€3,378/sqm), the decrease was 4.4%.

"Even more surprisingly, Essonne, the department that is the most affordable in the great circle (€3,143/sqm), experienced the most significant decrease in rates over the period (-5.5%)," the study said. Although Seine-et-Marne was also affected by this decline, it has in turn fared better (-0.5% in just one year).

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