I’m guessing that it’s not a good idea to hold your breath whilst waiting for lower prices 😉
At grand cru level, land sold for between $2.7m and $12.9m a hectare (2.47 acres) in 2013, the ministry wrote. The average per-hectare price rose from $5.2m in 2012. It has been rising steadily since 1996, when a hectare was selling for a relatively paltry $1.66m.
Source: Winesearcher