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– In Saint-Étienne, you can obtain an additional 21m².
Even greater investment capacity. Due to the drop in credit rates in 2024, many French people want to seize the opportunity to become property owners. This year, thePrices fell by 5% on average throughout France and they are not expected to rise again before the second half of 2025. “In mainland France, prices of old housing are falling for the fourth consecutive quarter over one year”specify the Notaries of France, relayed by West France.
Therefore, our colleagues asked the online real estate broker Pretto “to calculate the purchase possibilities with a credit over 25 years (excluding insurance), based on a monthly net income of 4,800 euros before taxes”. And the results are quite clear because thanks to these relatively low rates, buyers can, with an unchanged salary, find much larger homes. For example, in Saint-Étienne you can get Additional 21 m².
Real estate credit: rates will continue to fall, after the ECB decision
An additional room in Montpellier or Lille
In other medium-sized cities like Grenoble or Toulon, you can even add an extra room to your accommodation. Even in big cities like Montpellier or Lille, they are more than 10 m² which are added, the equivalent of an additional bedroom. Finally in Paris or Marseille, even if the increase may seem minimal (+ 3 m²)the surface area of your home may again increase. Enough to access more popular areas.
“The aspirations of the French to become owners or improve their housing remain a powerful driver of market support”despite the “economic and political uncertainties”says the President of the online broker Pretto. “What they are looking for above all is stability which allows them to build their life project in serene and lasting conditions”adds Pierre Chapon.
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