In Marseille, prices for old apartments rose 10.4% year on year in the first quarter of 2022. (Pixabay / nattanan23)
In the first quarter of 2022, a rise in real estate prices was observed over a large part of French territory. But the rhythm is not the same in all the cities of France. If prices are rising sharply in Marseille, they are falling in the capital. In Lyon, prices are only increasing modestly.
The real estate market is still on the rise throughout the territory in the first quarter of 2022. According to figures from notaries and INSEE, relayed by
BFM Immo
Tuesday, May 31, prices increased by 7.3% over one year. In detail, the increase is 9.2% in one year in the first quarter of 2022 for houses and 4.7% for apartments.
But the situation is not the same everywhere. In Paris, for example, prices are falling. Between the fourth quarter of 2021 and the first quarter of 2022, they fell by 0.6%. Over one year, the prices of Parisian apartments fell by 1.2%. In the provinces, it is always the rise that dominates. In the first quarter of 2022, the prices of existing homes rose by 1.8% compared to the previous quarter, following an increase of 2.3% in the fourth quarter of 2021 and 2.4% in the third quarter.
Prices are marking time in Lyon
Not all cities in France are in this dynamic. While prices in Auvergne-Rhône-Alpes (Lyon included) increased by 8.4% in the first quarter of 2022, in Lyon, the increase in apartment prices was only 1.1% in the first quarter over one year, once morest 2.5% in the fourth quarter and 2.1% in the third quarter.
But this visible slowdown in Paris and Lyon is not so in Marseille where the prices of old apartments are skyrocketing. In the first quarter of 2022, they gained 10.4% over one year, more than a point better than in the fourth quarter of 2021. The rise in prices in the Bouches-du-Rhône prefecture is stronger than overall in the Provence-Alpes-Côte d’Azur region since prices rose by 9.1%.
