Over the past year, the number of real estate sales has fallen by 6% in almost all regions, reports BFMTV.
Par LePoint.fr
© RICHARD BROCKEN / ANP MAG / ANP via AFP
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Udownward trend over a large part of France. As reported by the figures from the Bien’ici site relayed by BFMTV, the number of real estate sales fell by 6% in France in the course of 2022, while that of offers is on the rise. On the territory as a whole, the demand/offer ratio increased in only three of the thirteen regions. These are Provence-Alpes-Côte d’Azur, Corsica and the Grand Est.
In detail, the number of real estate sales fell the most in Normandy, Brittany and the Pays de la Loire, three regions where they had nevertheless increased the most in recent years. Conversely, the city of Metz is the one that has seen the number of house purchase searches jump the most, with an increase of 48%.READ ALSO A house at any price!
On the rental market side, the trend is at the opposite extreme, underline our colleagues. The volume of the supply of properties for rent fell by 10% over one year, while demand exploded. This rental tension even doubled in the Provence-Alpes-Côte d’Azur region and in Corsica and increased by around 80% in Île-de-France, Occitanie and Hauts-de-France.
Declining real estate purchasing power
In 2022, the real estate purchasing power of the French also fell, according to calculations by the Superior Council of Notaries, due to the combined increases in interest rates and prices in the old. On average, by going into debt over twenty years with a monthly payment of up to a third of their disposable income, the French in mainland France can acquire a dwelling of 80 square meters. This is 4 less than in 2021, an unprecedented fall for fifteen years.
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This figure had stagnated since 2018 around 85 square meters, after a decade of strong growth – it was 58 square meters in 2008, its lowest point. The fall in 2022 is due to the “cumulation of a price increase, which is still quite strong, even if less strong than inflation, and the increase in interest rates”, advanced in a press conference. Thierry Delesalle, notary in charge of real estate statistics for Paris and Île-de-France.
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The erosion of real estate purchasing power is very marked for houses, the prices of which have soared since the end of the confinements. With a monthly payment of 1,300 euros over twenty years, it is possible to acquire an old house of 113 square meters, 10 less than in 2021. For old apartments, the area that can be financed by paying a monthly payment of 800 euros over twenty years is 43 square meters, one less than in 2021, estimate the notaries based on sales concluded during the first nine months of the year.