A reference amount for the sector, the production of home loans, not including loan renegotiations, amounts to 9.6 billion euros. If this figure is a small increase compared to the month of August, it remains very far from the monthly average of the last ten years, close to 14 billion euros. At this rate, 2024 risks being the weakest since 2014.
Prices too high
Access to the market “remains difficult”, noted on Tuesday the authors of the monthly study of the Crédit Logement/CSA Observatory, “both for modest borrowers with little personal contribution, and for wealthier households without 'a sufficient contribution in view of the prices charged and now increasing almost everywhere in the territory'.
In the midst of a crisis and weakened, social housing refuses fate
On the occasion of a “Sud Ouest” – TV7 conference, social housing stakeholders and associations working alongside them recalled that despite the real estate context, they are increasing initiatives to try as best as possible to meet the ever-present need. largest social housing
Other professionals, brokers in the lead, think they see the light at the end of the tunnel and repeat over and over again that the signals are “green” again. Data shared by major French banking players on the occasion of the publication of their third quarter financial results in recent days shows a significant improvement in the market.
“There is now a slightly greater appetite” on the part of customers “to take out new real estate loans,” declared the deputy general manager of Crédit Agricole SA (Casa) Jérôme Grivet, on the sidelines of the publication of quarterly results. of the group.
The improvement in income thanks to salary increases as well as the fall in rates are gradually swelling the ranks of loan candidates, according to him.
Rates still quite high
But the average interest rates on new loans now seem to be stabilizing: they only fell very slightly between August and September, going from 3.59% to 3.56%. These rates exclude fees and insurance.
All costs included, rates reached 4.39% for a loan with a duration of twenty years or more in the third quarter, according to the Banque de France. This high level, reached in just a few quarters, represented a real shock for the real estate purchasing power of households.
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