The broker MeilleursAgents.com estate agents has seen his side further increases in property prices in old Paris in February 2011. After 2.4% rise in January, the latest barometer of MeilleursAgents.com based on promises to sell its network of 320 branches, shows an increase of 2% in Paris to 7908 Euros per square meter, a new record.
According FNAIM this market shortage in Paris is illustrated for example by a number of terms (almost a third are exclusive) per estate agent fell to a record low of 34 on average in 2010, less than half in 2006! This market where sellers are still the law becomes a little calmer since early 2011 on the segment of small areas now deserted by investors and that of supermarkets where bidding wars are becoming less and less observed.
According FNAIM, the pressure is now focused in Paris on surfaces between 60 and 100 square meters. "Some places are still impressive gains, "said a member of FNAIM, citing the example of a 60 square meters near the Canal St. Martin in the 10th, recently sold more than 12,000 Euros per meter! This same person also evokes a big catch of the cities cheapest as the center of the 18th or the 19th
