Real estate: the market has started to contract

Posted Apr 1, 2022, 7:00 AMUpdated on Apr 1, 2022 at 8:43 am

Landing in sight on the old residential real estate market. The National Federation of Real Estate Agents (Fnaim) expects a 15% to 20% drop in the number of transactions in 2022 compared to 2021, to one million or a little beyond.

“It will remain a very good year”, tempers the president of the organization, Jean-Marc Torrollion. After a 2021 vintage of all records, during which 1.182 million houses and apartments changed hands in France.

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