In June 2024, the Rennes real estate market is experiencing notable fluctuations in both purchase prices and rents. Potential buyers and tenants must be attentive to these developments in order to make the most judicious choices. Discover in this article the analysis of variations in real estate prices in Rennes between May and June 2024.
Evolution of purchase prices in Rennes in June 2024
House prices: A slight decline beneficial to buyers
By comparing the months of May and June 2024, we observe a slight decrease in house prices reindeer. The average price per square meter fell from 5,095 euros in May to 4,993 euros in June, a drop of 2%.
This reduction could represent an excellent opportunity for those looking to buy a house in the Rennes region.
Prices of apartments: A slight increase to be expected
Unlike houses, apartment prices showed an increasing trend. Indeed, the average price per square meter increased slightly, from 3,942 euros in May to 3,959 euros in June 2024.
Although this increase is less than half a percent (0.43%), it demonstrates a certain stability of the apartment market in Rennes.
- May 2024:
- House: €5,095/m²
- Apartment: €3,942/m²
- June 2024:
- House: €4,993/m²
- Apartment: €3,959/m²
Evolution of rental prices in Rennes in June 2024
House rents: A slight increase noted
As for rentals, the average price per square meter for houses rose from 16 euros in May to 16.10 euros in June 2024, marking a small increase of 0.63%.
This increase could influence the decision of future tenants, especially those with a tight budget.
Apartment rents: Remarkable stability
THE apartment rents, for their part, remained constant. The average price per square meter remains stable at 14.80 euros both in May and June 2024.
This stability can reassure current and potential tenants, allowing them to plan their finances with more certainty.
- May 2024:
- House: €16/m²
- Apartment: €14.80/m²
- June 2024:
- House: €16.10/m²
- Apartment: €14.80/m²
Prospects for future buyers and tenants
Opportunities for buying houses
The recent decline in house prices could be seen as a window of opportunity for those wishing to invest in residential real estate.
With a slight drop of 2% in the average price per square meter, this could attract more first-time buyers or investors.
Apartment investment: Stability and predictability
even though apartment prices have experienced a very slight increase, they remain relatively stable with minimal variation.
This provides some security to investors, making apartments an attractive option for those looking to minimize risk while still ensuring a stable value to their investment.
Rental: Minor adjustments to budgets
Minor rent changes, particularly for houses, require increased attention from future tenants.
However, the stability of apartment rents ensures that few drastic changes will be necessary in tenants’ monthly budgets.
A slightly fluctuating but promising market
The real estate market in Rennes in June 2024 shows signs of slight fluctuations in both the purchasing and rental sectors.
THE home buyers benefit from a slight drop in prices while apartment investors observe a reassuring stability prices.
For tenants, the minor rent adjustments should make it easier to manage their finances.
In conclusion, whether you are a buyer, investor or tenant, it is essential to follow these developments to make informed decisions on the Rennes real estate market.
