How is the real estate market currently doing?

How is the real estate market currently doing?

A TREND TOWARDS STABILIZATION OF THE BANKING CLIMATE FOR THE REAL ESTATE MARKET IN FRANCE. In 2021, credit rates immovable particularly low have carried the market : the 220 billion euros of credits real estate should be achieved by the end of the year.

What are the changes in the real estate market in France?

Despite the health crisis, the real estate market in France is still very dynamic with still very strong demand. However, there are quite extraordinary developments and changes in its dynamics. Rising prices, housing shortage, renewed attractiveness for provincial towns…

What is the trend in the housing market?

On the other hand, on the house market, although prices recorded an annual increase of 1.9% over the quarter, the trend was downward, with a decline of 1%. The LPI-SeLoger Barometer tells us that in France, all housing combined, the average negotiation margin is limited to 3.8% of the displayed selling price of a property.

What is the trend in the apartment market?

As for apartments, the trend is upward. Over the year, apartment prices increased by 6.3% and by 3.8% over the quarter. On the other hand, on the house market, although prices recorded an annual increase of 1.9% over the quarter, the trend was downward, with a decline of 1%.

What is the evolution of the market for older apartments in France?

On the market for old apartments, as has been the case since the end of 2020, changes remain stronger in the provinces than in France as a whole. At the end of November, the increases over one year should be approximately +6% in France compared with almost +9% in the provinces.