“We sold less, but what we see is as soon as the confinement stops, there is a big increase of sales,” Mr. Jottras said. They couldn’t materially do it during the stay-at-home, but now they can do it, and we have a very, very big increase of sales after the second confinement.”Mr. Kraft said the market has performed “much better than expected” given the circumstances. Who Buys in ParisPierre-Alain Conil, a partner with Morel d’Arleux, a Paris notary firm, said he worked with many fewer foreign buyers in 2020 than in previous years, and close to none for pieds-à-terre. Mr. Kraft saw a similar trend in Paris and throughout France. “Normally, foreign buyers represent at least 50 percent of our clientele,” he said.

Source: International New York Times January 06, 2021 14:26 UTC