The end of the year is marked by uncertainty: social plans, political instability… But it is clear that the real estate market is not doing that badly, at least for certain cities, which are resisting . The price reductions practiced everywhere do not occur in Nice for example, or in certain towns on the coast. Explanations.
Top 5 cities that resisted the best in 2024
The real estate market has been affected by a fall in prices for two years, approximately 4.5% throughout the national territory. But over the last year, we have seen that some cities are resisting. Better still, some gain value. Others are stabilizing.
| Ville | Evolution 2024 (Vs 2023) |
| Nice | + 0.81 % |
| Toulon | + 0.72 % |
| Marseille | – 0,42 % |
| Reims | – 0,9 % |
| Toulouse | – 1,47 % |
Cities in the South are more resilient!
Cities in the South are showing great resilience in this market challenge, with Nice which performs at + 0.81% (Vs2023). in the same way as Toulonwhich follows just behind, the only two cities in France to show positive developments. You must not deny your pleasure! Marseille for its part is holding its own, offering a very relative decline.
Cities that can boast not only access to the sea, a climate generous with sunshine, but also an aura that goes far beyond the limits of the region, sometimes attracting foreign customers, as is the case in Nice or Marseille.
It should be remembered here that Paris lost 6.7% over one year, like Île-de-France.
Find out the real estate prices in your city
What real estate market in 2025?
The dynamism of these cities (but not only) should continue in 2025, driven by a gradual drop in interest rates which primarily benefits first-time buyersthese same first-time buyers who had been driven out of credit. THE best profiles today can borrow at rates around 3.15%, compared to 4.20% a year ago.
The drop in rates and the ease of borrowing constitute the most powerful lever to relaunch purchasing, a constant which defies political developments. Clearly, even if political instability remains, there is no reason to believe in a market collapseas long as interest rates fall, and they are likely to continue.
????♀️ However, the loss of real estate purchasing power remains a major issue for young households. Faced with this new context, buyers are adopting a more selective approach, closely examining the quality/price ratio of the goods they are targeting.
All data comes from the PAP Observatory – December 2024
Take part in our online workshop
????️ Thursday January 9, 2025 at 6:00 p.m.
What sales approach should you favor for the year 2025?
✔️ The outlook of the real estate market this year
✔️ When should you lower your price?and by how much?
✔️ Wait until 2026 to sell or adopt an alternative strategy?
Duration: 1 hour – Reserved for individuals
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PAP – Particulier à Particulier organizes free workshops every week reserved for individuals.
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