Bordeaux Outpaces the Market
Thursday 06 September 2018
A recent study by the Notaries de France traced the evolution in residential property prices between 1997 and 2016 in 17 provincial metropolitan areas.
- 1997-2005: high price increases averaging +18% for apartments and +14% for houses;
- 2006-2007: a deceleration phase;
- 2008-2009: subprime mortgage crisis, with prices down around -8%;
- 2010-2011: market upturn with price increases of approximately +5%;
- 2012-2015: slight price decrease;
- 2015-2016: prices stable for both apartments and houses.
Although the report did not include figures for 2017, prices in Bordeaux last year rose by a spectacular 16%, outpacing every other city by a significant margin. The opening of the high-speed TGV train link to Paris (2 hours journey time) last year will have unquestionably contributed to this growth.
Thank you for showing an interest in our News section.
Our News section is no longer being published although our catalogue of articles remains in place.
If you found our News useful, please have a look at France Insider, our subscription based News service with in-depth analysis, or our authoritative Guides to France.
If you require advice and assistance with the purchase of French property and moving to France, then take a look at the France Insider Property Clinic.