in Tourcoing, certain neighborhoods show a sharp drop in prices

Decryption The cheapest city in the Lille metropolis is in difficulty. Young people are waiting for a drop in prices, families are talking and investors are snapping up good deals.

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Station, new district of the Piscines quadrilateral, bars of the Burgundy district… Despite the beautification of the city, morale is at half mast. After a slow first half, a sluggish market and wait-and-see buyers, professionals are hoping for an improvement by the end of the year. Until 2023, the cheapest city in the Lille metropolis attracted, with its low prices, young people for their first purchase and families. “With the surge in credit rates, they had become rarer, but we feel the prices are becoming reasonable, which could revive demand,” wants to believe Nicolas Mouada, head of the Square Habitat Tourcoing Roosevelt agency. On average, the price per square meter for an apartment is €1,400 to €2,600; for a house, from €1,300 to €2,400.

Last July, the price per square meter was negotiated at €1,810 for a house, confirmed Meilleurs Agents. For these amounts, young people can buy in Tourcoing a small “street house”, terraced, made of brick, with a courtyard or a garden, without counting discounts if there are defects. On the edge of Roubaix, in the Epithème district, a young thirty-year-old was able to negotiate 30% off the price of a house because it needed to be renovated. For houses…