The difficulties of access to credit and the issues related to energy renovation are beginning to weigh on real estate, but an always important demand supports the market, except in Paris and in Ile-de-France
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The number of transactions drops slowly and prices are staring at … a little. A survey of notarial studies by Immonot, the real estate advertisement site of notaries, indicates that, for 52 % of the studies interviewed, this number has slowed down this summer and will continue to decrease in the next two months.
For 40 % of studies, the number of transactions remains stable, and only 8 % find an increase. “It is a long erosion rather than a fall: we were at 1.2 million transactions at the end of December, and that should not exceed one million at the end of the year, a score equivalent to that of the year 2020” , indicates Immonot.
Will this drop in transactions be followed by a drop in prices? The opinions are very shared: 59 % of the notaries interviewed by Immonot think that prices will drop, but 45 % bet on their stability in the coming months, and only 6 % for their increase.
+ 0, 3 % in France in September 2>
The monthly barometer of the best agents estimation and advertising site indicates, for its part, that the real estate market resists: real estate prices increased by 0.3 % in France in September 2022.
Prices are stable in Lyon, almost stable in Strasbourg (+ 0.1 %), Toulouse (+ 0.2 %) and Lille (+ 0.3 %). They increase a little more in Bordeaux and Nantes (+ 0.6 %).
Montpellier and Marseille see prices continue to increase more strongly: + 1.3 % and + 1.2 % respectively. But some metropolises are downward oriented: this is the case of Rennes (- 0.2 %), Nice (- 0.5 %) and Paris (- 0.1 %).
In the capital, the trend for stagnation or a slight decline seems to be part to last and sales times continue to lie down, going from sixty days on average to sixty-eight days in the past three months. At the 1 er October, five arrondissements were below 10,000 euros per square meter: the 12 e , 13
é>, 19
less numerous buyers
This decline now reaches the suburbs, which was not the case so far. Prices in small crown have not increased in the past two months, especially in Hauts-de-Seine, where prices drop by 0.1 %.
Only Seine-Saint-Denis, where real estate prices are lower (4,325 euros per square meter), has seen an increase (+ 2.9 % in one year), but prices have also been there for a month (- 0.1 %).
In large crown, the observation is the same: the Yvelines have seen the prices drop since the summer (- 0.2 %), the Essonne and the Val-d’Oise remain stable.
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