ANALYSE – The drop in the cost of credits that has been in place for almost a year has restored purchasing power to buyers.
Should we see this as a first sign of recovery? Real estate, weighed down by the rise in the cost of credit for two years, is regaining some color. Buyers, largely absent in recent months, are starting to return, thanks to finally more favorable credit conditions. And the drop in prices, which seemed inevitable to attract buyers back, seems to be stalling. In the former, the value of the square meter stabilized in the third quarter (- 0.1%) after seven consecutive quarters of decline, according to the reference Notaries-Insee index published Thursday. « This stabilization is confirmed on a territorial scale, observes Frédéric Violeau, notary in charge of real estate statistics for the Notaries of France. We are on a landing. Prices are normalizing for both apartments and houses. »
Over one year, the drop in prices also eased and stood at -3.9%, after -4.9% in the second…
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