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With inflation and the rise in the borrowing rate, the less dynamic market stalled and prices tended to fall in the old sector.
Dossier coordinated by Bruno Monier-Vinard and produced by Lea Desmet
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Reading time: 10 mins
«Calme”, “sluggish”, “complicated”… So many adjectives that real estate professionals use to describe the Nantes real estate situation as winter approaches. After five years of continuous price increases, the dynamic has reversed since 2022 and is confirmed this fall. The reason for this reversal? A combination of factors unfavorable to transactions: deteriorating economic conditions (inflation, decline in purchasing power) and a sharp rise in mortgage rates. “In four months, the number of buyers has been divided by 2.5”, says Pascal Di Domenico, of the ERA agencies of the Loire Coeur d’Anjou group. “Three phone calls for a published ad, compared to 40 just six months ago,” adds Éric Girard, of Nestenn Tortière. Due to a wear rate always…
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