Why such an improvement?
After several years of crisis, the real estate market seems to have stabilized in recent months. On the one hand, mortgage rates began to decline at the start of 2024, while they had jumped by 3 points between 2022 and 2023. The average rate for a 20-year loan thus rose from 4.30% on average. in December 2023 to 3.70% on average in September 2024. Direct consequence: for the same monthly payment, households can now borrow more, and therefore access larger assets.
At the same time, property prices have also fallen this year. In September, prices of existing housing fell for the fourth consecutive quarter, with a drop of 4.9% in one year.
Large disparities depending on the municipalities
The size of properties accessible for purchase with monthly payments of 1000 euros nevertheless varies considerably depending on the city: from only 18m² in Paris, a household can hope to buy up to 133 m² in Mulhouse for the same budget. Between the two, he can claim:
Find the complete ranking of the 50 cities here.
