Not only is this information up-to-date but uses New York Habitat's nearly two decades of experience in the furnished apartment rental market to formulate our conclusions.
New York, NY (PRWEB) March 18, 2008
New York Habitat has compiled its 2007 2nd half and full year Paris Furnished Apartment Rental Market Report. The market report looks at the 2005, 2006 and 2007 results from the furnished rental and vacation rental services of New York Habitat. The report looks at New York Habitat's market segments and includes information about the broad Paris real estate as well. Based on this information, some predictions are made for 2008 as well. New York Habitat encourages apartment searchers, owners and others in the Paris real estate industry to take a close look at the report to learn more about the current Paris market conditions.
The report finds that the Paris furnished apartment rental market remains highly concentrated in the central neighborhoods of Paris including St Michel / St Germain / Notre Dame and Marais / Les Halles. In addition, the report explores the reason behind why the pricing for apartment rental in Paris have been stagnant for the most part between 2006 and 2007. Reasons for the slowing of price increases include: world economic conditions and a higher supply of apartments due to favorable tax laws.
The market report is available for you to read in its full version on the Paris Furnished Apartment Market Report Website. The website has been designed to archive our reports and provide up-to-date information about the state of the Paris Market. In addition, you can read more information about what is happening in the industry, local information and events by visiting the New York Habitat Blog, which provides the most up-to-date information available.
In the Paris Furnished Apartment Market Report, New York Habitat developed a series of graphs and charts based on the apartment rentals made during 2005, 2006 and 2007. The Paris Furnished Apartment Market Report uses these graphs to portrait the state of the market both in the 2nd half and for the full years of 2005, 2006 and 2007. Graphs include information on
- Apartment pricing by type
- Neighborhoods rented
- Type/size of apartments rented
- And more
The world's changing economic conditions and Paris' dynamic apartment rental market make reading this report especially important for those looking to invest in rental real estate in Paris. Also, visitors to Paris looking for a furnished apartment rental and owners who are currently renting out their apartment, either as a vacation rental or furnished rental, will find that by reading this report they are better able to understand the intricacies of the French capital's furnished apartment real estate market.
Presented here is a sample graph that displays the average price of vacation rental apartments in Paris, based on property type. More detailed versions of this information are available in the report, including average price of apartments by type and median and mode prices.
"In creating this report we have strived to provide a detailed view of the market for vacation and furnished apartment rentals in Paris" said New York Habitat Vice President Francois Roux. "Not only is this information up-to-date but uses New York Habitat's nearly two decades of experience in the furnished apartment rental market to formulate our conclusions."
With nearly 2 decades of experience in the market, New York Habitat is a fully licensed residential real estate agency, specializing in furnished apartment rentals in New York, Paris, London and the South of France. New York Habitat's team of real estate agents are fluent in more than 10 languages and are knowledgeable about the full offering of apartments represented by the company. New York Habitat strives to connect people and apartments through its rental service. Click here to view our Paris Apartment offerings.
We invite you to contact New York Habitat for more information about the market report at (212) 255-8018 or marketreport @ nyhabitat.com. We would be happy to hear your suggestions, comments and questions about the report and will continue to provide up-to-date reports in the future so that it remains easy to stay on top of the happenings in the Paris Furnished Apartment Rental Market. Feel free to contact us for any other services you may require (listing your apartment, student housing, or renting in any of our destinations) info @ nyhabitat.com.