On BFM Business, the president of the real estate agency cooperative, some sellers are “resisting” hoping for a return to 2022 prices.
A quiver but not yet a rebound. If interest rates for buying an apartment or a house begin to slowly fall, falling below 4%, the real estate market still remains locked.
In question, prices which “still remain too high in places”. As Guillaume Martinaud, president of the Orpi cooperative, explained this Wednesday on BFM Business, “we cannot bring prices down enough”.
“The meeting takes place in certain places between the sellers and the buyers, in other places, the sellers resist a little, hoping that the prices of 2022 will return. We apply ourselves as professionals to teaching, to explain that prices must fall a little because credits have become more affordable,” he continues.
Transition year
However, “it is still not enough”, regrets the manager.
“There is tension, and we don’t have much help from the government and parliament,” underlines the official.
Guillaume Martinaud refers to a bill aimed at mitigating the effects of the credit rate and debt which “was not followed” by the National Assembly.
“We are doing what we can but we are having difficulty on the ground increasing this drop in prices which must remain limited. It is not a question of collapsing prices but that explains this difficulty we are having,” explains -he.
If 2024 “is much less difficult than 2023”, in terms of transactions, Guillaume Martinaud believes that this start of the year “remains not very dynamic. We are going to have a year of transition”.
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