With an exceptional third quarter, the year 2022 already represents a record for the new housing market, which has exceeded €1billion euros with 82 transactions since January. In 9 months, 4 times more new properties (including off-plan sales) have been sold than in the whole of 2021, which still corresponded to the 2006-2021 average.

The resale market recorded 326 transactions (23 more than in the same period in 2021) for €1.7 billion, i.e. almost €380 million more than in 2021 (+28.5%). Compared to 2019, the real estate market (new and old) increases by 25.5% in volume and 34.6% in value.

Monaco, therefore, looks to be a consistently strong real estate market despite global economic headwinds.