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APEI Press Agency
Published on
Nov 2, 2024 at 3:02 p.m.
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In 2024, Aveyron did not escape the crisis who touches the real estate market with sales down et a market stabilized at low levels. This is what emerges from the statistical report established, between July 1, 2023 and June 30, 2024, by the Chamber of Notaries of Aveyroncommunicated in October, based on figures from Notaries of France.
All types of goods combined, the decline in transaction volume in the affected department -21% at the end of June 2024. Annual sales volumes, compared to those of the previous year, have therefore decreased significantly.
These are old apartments (-23%) et building land (-26%) which are the most impacted, while sales of new apartments show a decline of 12% and old houses a drop of 20%.
A real estate market in decline in 2024
In a summary note, Me Benoît Lanchonnotary in Naucelle and president of the Chamber of Notaries of Aveyronsummarizes the general state of the real estate market as follows:
The year 2023 will have seen the real estate market turn around suddenly, after three years of very strong activity, the milestone of one million real estate transactions had been largely exceeded. The year 2024 therefore marks a return to real estate activity in significant decline, although this remains higher than in 2019, the last year preceding the Covid period, without this resulting in a significant drop in prices. in old habitat.
Faced with this negative situation, the members of the Chamber of Notaries of Aveyron are nevertheless confident for the future: “ Relaxation interest rates of the European Central Bank and therefore bank loan ratesannounced for the second half of 2024could be the signal of renewed activity. It should be noted, however, that with average rates of around 4%, the bank loan remains within the reach of many candidates for real estate investment. »
Especially since, in this surge of optimism, Aveyron remains an attractive department. “Activity in our department, although it has declined like everywhere else, nevertheless remains sustained. Aveyron maintains a beautiful, attractive image, with affordable real estate, offering a good quality of life,” underlines the Chamber of Notaries of Aveyron.
Real estate purchasing power in Aveyron has declined
Due in particular to the rise in real estate prices and the increase in credit rates, the real estate purchasing power in old buildings has declined in Aveyron, compared to the situation 10 years ago. In 2014, for a monthly payment equivalent to a third of the average salary over a period of 20 years, it was possible to acquire an old apartment of 69 m². In 2024, with the same budgetary constraints, the acquireable surface area amounts to only 49 m², a loss of -29%. Regarding old houses, the reduction in purchasable surface area is -15.2% in 10 years (from 79 m² in 2014 to 67 m² in 2024).
Occitanie News takes stock of this real estate situation, sector by sector:
1- Rodez and its surroundings (CA Rodez Agglomération)
In this sector, at the end of June 2024, the median price per m² of old apartments recorded a slight increase over the year (+ 2.6%) to reach the value of €2,070/m². The best-selling apartments correspond to 2 and 3 room properties, they represent more than two thirds (70%) of annual transactions in the sector.
At the end of June 2024, the market of the old Ruthenian collective is characterized by an increase in price disparity between the different districts of the city. Indeed, it is the most expensive neighborhoods that experience the largest annual increases (Bourran: +5.8%, Béteille – 122 RI: +3.2%) while at the same time, the most affordable neighborhoods record the largest declines (Old Center: -11.6%, Penderie – Fayet: -1.0%).
On the market for old housesthe median price in the Rodez sector and its surroundings experiences an annual decline (-8.3%) for the first time in 8 years to reach €201,700 at the end of June 2024. Over a period of 5 years, the increase however remains significant (+17%). Onet-le-Château is the only municipality in the sector to see its median price increase over the year (+ 9.5%), while all the other municipalities suffered relatively significant drops.
All goods combined, under 30s represent a quarter (25%) of property buyers. It is also the part of buyers over 60 years old. A third (33%) of buyers work in an “intermediate” profession, this is the most represented socio-professional category.
2- Millau and its surroundings (Millau Grands Causses community of communes)
At the end of June 2024, the market for old apartments in the Millau and surrounding area records an annual decrease of -8.3% after five consecutive years of increase. Its median price stands at €1,540/m², the second highest value recorded over the decade. Over a period of 5 years, the cumulative increase reaches + 35%.
At the same time, the median price of old houses fell by –9.1% to reach €200,000. Here again, over a period of 5 years, the trend remains clearly upward (+18%).
At the end of June 2024, the most sold houses are 4 piece goodsthey represent almost a third (32%) of annual transactions, their median price amounting to €159,000. Then come houses with 6 rooms or more (26% of sales, median price at €248,000).
In the commune of Millau, the median price reached €1,550/m² (-7.8% over the year) on the old collective market and €220,000 (-5.5%) on the individual market. ancient.
All types of goods combined, 30 to 49 year olds make up half (50%) of buyerswhile those over 60 represent 22%. More than three quarters (77%) of buyers already lived in the Millau and surrounding area before their purchase.
3- Villefranche-de-Rouergue and its surroundings
In this sector which concerns all the municipalities of the CC Ouest Aveyron Communauté, the CC du Plateau de Montbazens and the CC Aveyron Bas Ségala Viaur, old building markets recorded, at the end of June 2024, an annual decline : -19.4% for old apartments (median price of €1,180/m²) and -2.2% for old houses (€126,500).
Over a period of 5 years, the price of old apartments fell by -8.4% while that of old houses increased by +16%.
All types of property combined, buyers aged 60 and over are the most numerous, they are behind 32% of transactions in the sector.
4- North Aveyron
In the north-Aveyron sector (CC Aubrac, Carladez and Viadène, CC Comtal Lot et Truyère, CC Conques-Marcillac and CC Decazeville Communauté), prices have increased over the year for old apartments (+ 6.3% to €1,220/m²) and have drop pourold houses(-5.7% to €100,000).
Over a period of 5 years, the developments remain largely positive: + 37% in the old collective and + 19% in the individual.
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