Real estate professionals are seeing encouraging signs of recovery. (illustration) (moerschy / Pixabay)
The real estate market is showing encouraging signs of recovery after a deep crisis for several years. Falling interest rates, slowing inflation, demand starting to rise again: the year 2025 could be much better.
After two years of crisis marked by a drop in transactions of more than 33%, the real estate sector is seeing the first signs of recovery. Asked by
BFMTV,
Thomas Lefebvre, vice-president of data at SeLoger and Meilleurs Agents, describes this rebound as
“most likely hypothesis”
. He anticipates a price increase of around 2% by the end of 2025, supported by a revival in demand.
The first signals would have appeared at the end of 2024. According to figures from Century 21, cited by our colleagues, sales in existing properties increased by 2.8% over the year, but jumped 20% over the last quarter alone. A similar trend at Orpi, with an annual increase in sales of 12%, peaking at +25% for October 2024.
Favorable macroeconomic levers
Several elements explain this renewed activity. The reduction in interest rates, initiated by the European Central Bank, continues to stimulate the market. For 20-year loans, interest rates are now around 3.4% and are expected to decrease further in the months to come. Furthermore, the easing of inflation, now stabilized below 2%, is restoring real estate purchasing power to the French.
The stabilization, or even slight increase, of prices is also an important element. Even in Paris, where the fall in prices had been spectacular, a stabilization is beginning with a drop contained at -0.4%, bringing the average price to 9,355 euros/m² on average in the capital.
However, the sector is not completely out of the woods. Political instability and concerns linked to budgetary decisions continue to weigh on households, banks and real estate agencies. The coming weeks will be decisive.
