In search of a better quality of life, French reject density of big cities

Notaries observe a sharp rise in real estate prices, except in Paris. The cities of the west of the country and the coastline are particularly popular with the buyers.

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“The quality of life and access to an outdoor space are now priority criteria in the purchase of housing, especially for the Francilians who go looking for less dense cities. What we felt from The first deconformation, in June 2020, is confirmed, “summed up Peggy Montesinos, notary in Remiremont (Vosges) and responsible for the real estate expertise at the Senior Council of Notaries (CSN), on the occasion of the press conference. Held, Monday, December 13th. Indeed, notaries are not content to act with the transactions and to draw statistics, they also carefully analyze the changes in the French real estate behaviors from real data.

So they found, in the space of twelve months, at September 30, 2021, a record number of transactions: 1.2 million, or 15% more than during the same period, a year earlier, and 14 , 5% more than in 2019, where the million transactions had already been exceeded, which was considered a summit.

“There is certainly an end-of-confinement catch-up effect, but also an acceleration of real estate projects, anticipation of new needs, with a long-lived appety for the property,” says Violeau, notary in Caen (Calvados) ), Responsible for real estate statistics at CNS.

The core of metropolises is becoming more and more selective

While the average annual removals usually turns around 15% to 16% of the number of French households, it is 18% in 2021. “The French are more mobile than we think, especially the young people” , confirms Mr. Violeau. This is probably the consequence of another background trend, which sees a growing fraction of households leave the centers of the big cities to settle in medium cities where they make the prices rise.

In the third quarter 2021, over one year, the costs of the apartments appreciated by 7.5% in the province against only 2.5% in Ile-de-France and 0.6% in Paris, where they are Already situated, it is true, at an average of 10,700 euros per square meter. The rise in the price of houses more needs to be the desire for space, posting 9.4% in the province and 7% in Ile-de-France.

The cities of the west of the country and the coastline are particularly popular with the candidates for a better quality of life. The square meter Flambe in Rennes: 9.8% more for apartments and 13% for houses, which, in the price classification, of the 18 metropolises observed by the notaries, passed in ten years , the Breton capital of the e at the e place.

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/Media reports.