Another good year ahead
The French housing market
The pre-owned homes market continued to perform well with cumulative sales over the last 12 months exceeding 1 million units by the end of June 2019. This is the best performance since records began.
INSEE’s new price index reflects price increases for pre-owned apartments since mid-2016 with levels reaching 112.2 by the end of June 2019 (+4% year on year).
Prices for new apartments have been rising for the past year with values exceeding the €4,200/sq m level.
The French residential investment market
As a continuation of the activity seen in 2018, the investment market remained strong over H1 2019 with almost €1.5 billion in investments (+20% year on year).
Net yields have remained stable for the last 2 years, ranging from 2.50% to 3.50% for prime locations in Paris and in the largest regional cities.