The price of real estate: how far will it fall?
According to Century 21, real estate prices in France continue to decline. In Bordeaux, Lyon, Paris, the Ile-de-France region and Nantes, housing values fell by 4.1% over the year.
This trend is likely to continue as rising interest rates take their toll on the real estate market. The high cost of mortgages is reducing demand, and buyers who do want to purchase a home are having trouble with their purchasing power. Many of them decide to postpone their purchases in anticipation of better times.
The number of offers on the real estate market is increasing and owners are forced to reduce prices in order to sell their property.
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109
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1
68
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Predictions for the real estate market in France
According to forecasts by the Federation of National Real Estate Agencies in France (Fnaim), around 900,000 transactions are expected this year.
According to forecasts by the Federation of National Real Estate Agencies in France (Fnaim), around 900,000 transactions are expected this year.
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We will find property in France for you
- 🔸 Reliable new buildings and ready-made apartments
- 🔸 Without commissions and intermediaries
- 🔸 Online display and remote transaction
International Real Estate Consultant
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