Paris Furnished Apartment Market Report 1st half 2008
Paris Furnished Apartment Market Report 1st half 2008

The 1st half 2008 Paris market report brings you the latest updates on the Paris apartment rental market. Data on both vacation rentals (3 days to 1 month) and furnished apartments (1 month and longer) is provided in the report.

The Paris Furnished Apartment Rental Market Reports webpage contains all of the information that you need to help in determining current prices in the markets, popularity of neighborhoods and more.

Paris Furnished Apartment Market 1st half 2008:

Major findings for the Paris Furnished Apartments department include:

Major conclusions of the report are similar to the previous year. Pricing remains relatively stabile and apartment supply continues to increase. Looking to the future there is some concern that prices and demand could decline because of the global recession.

In the Paris Vacation Rental service we found:

Prices fell slightly in the 1st half of 2008. A major factor in this decline was that the euro reached an all time high against the U.S. dollar and also strengthened significantly against the British pound and the Japanese yen. Furthermore, we continued to see that the neighborhoods of Maris – Les Halles and St Michel – St Germain – Notre Dame remained the most demanded areas for Vacation Rentals as tourists tend to want to be centrally located above all else.   Again future results will depend on how deep the global recession becomes.

We hope you find this report to be useful if you are an apartment owner in Paris or if you are planning a trip to Paris. All of the information that is presented in the report is designed to better inform you about the Paris Furnished Apartment Rental Market.

To read previous market reports visit the Paris Furnished Apartment Market Report webpage.

Please comment below on the report or e-mail us at marketreport@nyhabitat.com if you have any questions, comments or remarks.