“At the end of September 2024, the number of transactions carried out over the last twelve months in France (including overseas departments excluding Mayotte) is estimated at 78,000, a drop of almost 17% in one year (935,000 transactions for the end of September 2023) » indicated Les Notaires de France in its Review of the 2024 real estate year, on December 16. The volume of real estate sales of old homes, which had soared in recent years reaching 1.2 million sales in August 2021, has returned to the 2015 level.
The PO and Gironde recorded the largest drop in transactions in the old sector, with a decline of 23% over the last twelve months. A development which has led a large number of real estate agencies in the department to cease their activity.
According to notaries, in mainland France, the prices of old real estate, apartments and houses, fell by 3.9% over one year at the end of September 2024. Values which are maintained in the provinces and in particular in Perpignan. Prices in the Catalan capital remain stable, around €1,965/m2, according to the site Meilleursagents.com. The current uncertainty in France means that, again according to the Notaries of France “many promises for real estate are now on hold. »
