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Real estate barometer: the crisis is confirmed in France

Real estate barometer: the crisis is confirmed in France

Барометр недвижимости: кризис подтверждается во Франции

If we're talking about a comparison with a metaphor, we can say that winter continues in the real estate market. Our partner Meilleurs Agents estimates that two-thirds of the 35 largest cities on earth are experiencing declines since the beginning of the year. And don't let that fool you, the weak recovery in April doesn't bode well for better days, as it should have been much more substantial at this time. The result is falling prices, lengthening timelines and increased negotiating rigor.

One figure is symbolic: -0.1%, which is the price drop recorded in the territory in April.

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It is seen as insignificant, but its implications have weighty implications. The fact is that spring is a time of revival of activity in the real estate market after the winter, when sales''are slowing down considerably. However, this revival is not happening, although there are still significant differences between regions.

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