Why are real estate prices in Toulouse not falling?

>T Toulouse stands out in this general cycle of falling real estate prices, a study by SeLoger.com shows. While real estate prices are down 1.6% in France's 10 largest cities since the beginning of the year, Toulouse stands out in this general cycle of falling prices, a study by SeLoger.com shows.

"As of November 1, Gorna Garonne is the second most expensive in the Occitanie region with an average price of €3,113/m2, ahead of the Pyrenees-East (€2,687/m2) and Gare (€2,601/m2) but behind Hérault (€3,405/m2). Despite the fact that the French real estate market has been in a falling cycle for a year now, the Gorne Garonne department does not seem to have fully entered this new era yet,' explain the site's experts' 'real estate.

Will it fall in the coming months? "Toulouse, with an average price per m2 of €3,694 as of November 1, 2023, is currently in the landing phase. The city remains the third most affordable metropolitan area among the 11 largest cities in France (after Montpellier and Lille respectively at €3,542 and €3,646/m2 as of November 1, 2023)," the website continues.

Toulouse is resisting the national real estate situation with stamina. Despite the fact that prices in the city of Toulouse continue to vary, sales terms are increasing and the number of offers is up +42.1%, it can be assumed that prices in Toulouse may fall more significantly in the coming months ", explains Alexandra Verliak, economist at SeLoger.

From triple to triple depending on' 'from neighborhoods in the city SeLoger researched prices in different areas of the Rose City, which are characterized by profound differences. "Property prices in the city vary markedly between the center and east of the city.