vendredi 6 novembre 2009

Pap.fr : contrasting trends in property prices

House prices evolve differently depending on the type of housing. According to latest figures provided by Pap.fr apartments recorded an increase of 1.03% while homes continue to see their prices fall by 0.26%. Since the beginning of the year, the drop was -0.41% for apartments and -4.61% for houses.

In quarterly and annual basis, the apartments show respectively +1.24% and -2.34%. The houses themselves, reflecting a decrease of 0.20% and 5.92%.

Regarding negotiating rates (difference between the price in the ad and that of the transaction), Pap.fr note up to 6.33% for apartments (against 6.19% in September) and 7.79% for houses (7.43% September), reflecting a "persistent lack of fluidity in the housing market."

As the time of transaction, they are also up to 13 weeks for flats and 16 houses (one week from September).

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