The southern cities of Nice, Marseille and Montpellier, all of which suffer from high unemployment, are bucking the trend, with only minor real estate price rises. But in the big cities, prices have rocketed over the past year. “The property market is a reflection of the economic and demographic dynamism of these regional capitals,” Thomas Lefebvre of mortgage broker MeilleursAgents told Le Parisien. Paris, as ever, remains by far the most expensive city in the country and has seen its property prices rise to yet another record high. Nice, Marseille and Montpellier have all three failed to shine in the latest index, with prices remaining stagnant or showing only a minor rise.

Source: The Local October 11, 2019 07:52 UTC