Paris real estate market 2026: analysis and perspectives

What will really happen on the Parisian real estate market in 2026?
After several years of severe turmoil, the question is legitimate for all those who are considering buying an apartment in Paris, whether as a main residence or for asset management purposes.

In this analysis, I offer you a A very Parisian reading of the residential real estate market, based not on national averages, but on what I observe concretely on the ground, in daily contact with buyers and sellers.

What is the status of the Parisian real estate market at the end of 2025?

To understand 2026, you have to go back briefly to previous years.
After the post-Covid euphoria, the Parisian real estate market experienced a real correction phase. Prices have fallen, but in a very heterogeneous way. Flawless apartments, well located and without heavy work, have generally held up well, while properties with defects (works, noise, poor distribution, low DPE) have undergone price adjustments that are sometimes significant.

Between the end of 2021 and the end of 2025, the average price of old apartments in Paris fell by around 11.9%. At the same time, transaction volumes fell sharply, with a drop of almost 28% between 2022 and 2024 according to the Chamber of Notaries. So the market has clearly been operating at a slow pace.

At the end of 2025, however, there was a gradual return of buyers, with a recovery in volumes of around 11% since 2024. The market has become more rational, more legible, but also more demanding.

The key factors that will influence 2026

In 2026, several elements strongly structured the Parisian real estate market.

Les credit rate are expected to remain relatively stable, around 3% over 20 years. We are not talking about a return to very low rates, but about an environment that has become more predictable, which allows many paused projects to return to the market.

The regulatory framework also plays a central role. DPE, energy decency, energy audit, rent control or even the regulation of furnished tourist accommodation are sorting properties more and more clearly. High-performance, well-thought-out and well-located homes remain liquid. The others are undergoing sharper price adjustments.

Finally, the structural rarity of Parisian real estate remains. Paris builds little, the stock is not renewed, and good apartments remain rare, even in a quieter market.

Real estate prices in Paris in 2026

The most likely scenario for 2026 is neither a surge in prices nor a collapse. Rather, we are moving towards a stabilizing, with strong disparities according to neighborhoods and property types.

Quality apartments will continue to find buyers quickly. Conversely, goods with defects will have to adapt to the market, often by price.

Buying in Paris in 2026: a more technical approach

What is changing profoundly in 2026 is the level of technicality of the market. The crush is no longer enough. It is necessary to understand the property, anticipate regulatory constraints, analyze co-ownership and reason in the medium and long term.

In this context, the best prepared buyers are clearly the ones who are doing the best.

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