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Big sun on the luxury real estate market

Posted on Jul 6, 2021, 1:04 p.m.Updated on Jul 6, 2021, 2:29 PM

The French luxury residential real estate market is doing very well. The Belles Demeures site, which lists prestigious property listings, reports a 23% increase in visits to its site over the past nine months, to 2.5 million per month. And “it is not a question of dreamers but of active Internet users”, assures Solange Roblot, market manager of the platform. These consultations indeed lead to numerous contacts between buyers and sellers.

“The first quarter of 2021 was the strongest we have seen for twenty years, with more than 400 million euros of goods sold, and the second quarter looks just as promising”, testifies for his part the director of operations of Sotheby’s International Realty France, Didier Fagnen. “At the end of June, almost all of our offices have already achieved 60% to 70% of their annual budget,” adds the CEO of Coldwell Banker Europa Realty, Laurent Demeure.

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