Real estate: parents who help their children, retirees… cash purchases up sharply

2023-09-02 09:06:44

Who can still buy in France today? Of course, the well-to-do clientele is still there, but the rise in interest rates and the tightening of the conditions for accessing credit are crowding out a large part of the candidates for accession, first-time buyers in the lead. In this context, many professionals note an increase in the number of cash payments. While on average they concern barely 10% of real estate transactions in normal times, their number is skyrocketing over the months.