While Paris and New York no longer feature in this report's global Top 5, they remain two of the most solid and liquid prestige real estate markets in the world. After several years of correction or stagnation, both metropolises are recovering their dynamism.
Paris — The Parisian market renaissance
Paris is experiencing a significant rebound in its prestige market in 2025. The 16th arrondissement has recorded a +46% increase in transaction volumes. BARNES Paris posted a +25% revenue increase. The French capital is regaining international appeal, driven by political stabilisation, the return of foreign investors and the enduring legacy of the 2024 Olympic Games.
The Left Bank remains the most sought-after area by international buyers, with Saint-Germain-des-Prés at the forefront. The private mansion market—prestigious residences of over 500 m²—remains highly active, with demand durably exceeding supply.
New York — Manhattan's strong recovery
The New York market is recovering remarkable dynamism, particularly in the ultra-prime segment. The condominium market from $5 million upwards is especially active, driven by domestic buyers and international large fortunes. "Billionaires' Row" (Central Park South and 57th Street) remains the global epicentre of residential luxury.