Paris housing market faces prolonged slump as winter pressures mount
The Paris property market is entering a deep downturn, driven by rising interest rates, strained purchasing power and lingering uncertainty over housing policies.
According to data from Se Loger, the Paris real-estate sector is already feeling an early winter. Buyers and sellers alike are hesitating because of higher borrowing costs, the impact of the conflicts in Ukraine and the Middle East on household budgets, and doubts about upcoming housing programmes tied to the presidential election. Persistent high prices add to the gloom, prompting many to question the right moment to act.
Why it matters
A stagnant Paris property market can affect millions of households and the broader French economy.
In this story
Paris housing marketinterest ratespurchasing powerwar impacthousing pricesmarket slowdownpresidential election
