Prime property market in Paris seeing strong demand against backdrop of low supply
Knight Frank | March 18, 2019
The prime property market in Paris is set to see strong growth in 2019 with prices and sales up in 2018 and well prices properties finding buyers quickly, according to a new analysis. Prices increased by 5.3% in 2018, according to the prime Paris residential index report from international real estate firm Knight Frank, following a strong rise 12% in 2017 when sales increased by 14.9%. Knight Frank is forecasting prime price growth of 6% in 2019 putting Paris ahead of London, New York and Hong Kong as rising demand against a backdrop of tight supply is supporting prices.