nothing under 150,000 euros in Lyon
“A nice apartment in the 6th arrondissement can easily exceed 10,000 euros per square meter” @WilliamPham
While prices have never been so high, a slight drop has been felt in recent months in certain types of housing. It is always so difficult to find accommodation in Lyon: the entrance ticket is 150,000 euros. Panorama of the real estate market in Lyon, up 17.42% in two years.
(Tables by district of Lyon and by city of the metropolis at the end of the article)
Prices go up… but less quickly. This has been a constant for more than 20 years: the Lyon real estate market has never stopped rising. Despite the health crisis, nothing seems to be able to stop the inevitable surge in prices in Lyon and its surroundings. Already in 2020, while the Rhône, like the rest of France, initiated the first containment, the market in Lyon rose to 4,810 euros per square meter, up 10.2% over one year according to the figures notaries. An amount which now stands at 4,920 euros for Lyon. “The resilience shown by the market drivers suggests a certain continuity», Assure the experts of the Meilleuragents site. So nothing new under the sun? Yes, because sales volumes are falling in Lyon and the rise in prices is slowing down somewhat. No official figure has yet been put forward, but both at the National Real Estate Federation and with notaries, all are announcing slower growth than in the past.
No official figure has yet been put forward, but both at the National Real Estate Federation and with notaries, all are announcing slower growth than in the past.
Moreover, several agents of the city center testify to a strangely calm summer. The start of the school year is still shaping up to be positive for activity, with business picking up since the beginning of September. “Now, we feel a dynamism and the will to reposition itself on the part of buyers“, Explains Franck Vitali at the head of three Century 21 agencies on the Peninsula, before adding:”Many more people go on vacation than in other summers, so it is usually a very busy time. With the deconfinement, everyone had more head to take advantage of it than to put 20 years of credit on the back.“
