2023-09-06 19:19:15
Home Eco / Conso Real estate
Posted on 09/06/2023 21:19 Updated on 09/06/2023 22:40
Video length: 2 mins.
France 2 Article written by France 2 – C.Rougerie, O.Martin, L.Lemoigne, J.-P.Rivalain, C.Alphonse
France Televisions
On the whole of the French territory, the purchase prices of real estate drop off. A situation due to soaring borrowing rates which should last at least several months, according to professionals.
Homes for sale and plummeting prices. In Chelles (Seine-et-Marne), Florence Bugeaud has just sold a family home of 60 m2 with a small garden. The starting price was 336,000 euros. But following a dozen unsuccessful visits, it had to drop and only found takers at 300,000 euros, a drop of 11%. Asked regarding the loss of 36,000 euros, the owner replied: “If we don’t sell it in the summer and all winter, it doesn’t move… A house is important, it needs to be maintained, so I told myself that we shouldn’t miss the boat .”
Prices drop everywhere in France
The cause of this price drop is soaring borrowing rates, according to the manager of the real estate agency that made the sale. “In the space of a year, buyers have globally lost at least 10% of real estate purchasing power, and with the requirement to have a contribution of 10%”, explains Paul Hintermeyer, director of the Guy Hoquet agency in Chelles. Everywhere in France, prices are dropping. No region is spared. A situation which, according to professionals, should last at least several months.
Among our sources
National Real Estate Federation
Alexandre real estate agency in Arcueil
Non-exhaustive list
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#France #purchase #prices #plummeting
