(Laforêt)
The network of franchised agencies reported a point in the real estate market, marked by the return of buyers, which according to it constitutes “a wind of hope”.
The Laforêt franchised agency network reported an update on the real estate market at the end of the first 9 months of the year. And according to him, several encouraging signals are coming to light on the real estate market this fall, such as falling interest rates and announcements from the European Central Bank suggesting a further reduction in its key rates by the end of the year. Finally, credit production reached its highest level since May 2023, with 11.3 billion euros granted in July. On the rate side, these fell to 3.62% when they peaked at 4.21% less than a year ago. To this “is added the traditional back-to-school period, conducive to new real estate projects, whether moving, rental investments or first purchases,” notes the network, which indicates that transactions are thus recording a logical increase. by 2.5%, confirming the timid trend of +0.9% observed at the end of the first half.
It remains that the network tempers these positive signals.
“It would be premature to rejoice fully. Although the market is showing signs of recovery, there is no guarantee that this trend will be sustainable, especially in the face of persistent inflation and economic uncertainties that remain omnipresent. After a lackluster first quarter, followed by a more dynamic second, the dissolution of the National Assembly, then the Olympic Games, temporarily froze the real estate market. »
Laforêt
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