The Limited Times

Now you can see non-English news...

Real estate: the prices of notaries in 500 French cities

2022-09-23T05:16:13.848Z


EXCLUSIVE - The real estate madness that had hit buyers in major cities has ended since this spring. Henceforth, purchases are reasoned and prices are in a stabilization phase or are eroding slightly.


In early September, the average selling price of an apartment in the ten largest French cities, excluding Marseille and Paris, exceeded €3,100/m².

Prices still unimaginable before the health crisis and its price surge.

According to notaries, the latter continued until last April in some cities.

At the end of June, price increases over twelve months were 9.7% in Rennes, 9.4% in Strasbourg, 8.1% in Lille and 7% in Montpellier.

In Bordeaux (+ 1.6%), Lyon (+ 1.8%) and Toulouse (+ 2.3%), the time is already in moderation.

Buyers are no longer ready to become owners at any price.

Especially since with the rise in borrowing rates and the difficulties in accessing credit, even those with good purchasing power are beginning to touch their financing limits.

Read also "Why I decided to call on a real estate hunter rather than an agent"

Finally, fears linked to the soaring cost of energy and that of renovation work are pushing many households to moderate their enthusiasm.

Even the high market of…

This article is for subscribers only.

You have 93% left to discover.

Cultivating your freedom is cultivating your curiosity.

Keep reading your article for €0.99 for the first month

I ENJOY IT

Already subscribed?

Login

Source: lefigaro

All life articles on 2022-09-23

You may like

Life/Entertain 2024-03-26T15:05:24.891Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.