Real estate purchase: good news, prices no longer go up (or almost) in these 51 cities!

Real estate agents try to convince sellers not to be too greedy, so as not to kill in the egg the beginning of transactions.

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Would real estate agents have managed to reason with the sellers? The evolution of Old apartments Prize In April, published by Seloger and Bestagents, suggests it. Last month, the average price per square meter in the 51 largest cities in France stagnated, bringing its increase since January to 0.3%since January. In detail, just over half of the cities (26) have seen their prices drop. Lases equal to or greater than 1% in Caen, La Rochelle, Bourges, Brest, Nîmes, Nantes, Tourcoing, Colmar, Le Havre, Poitiers and Limoges.

Even Antibes, Cannes and Nice, where prices had not decreased in two and a half years of real estate crisis, accused drops from 0.7% to 0.8%. Lille and Orléans are the only two municipalities where prices have not moved from an iota between April 1 and May 1. “”We manage to make ourselves hear sellersto which we explain that if their property does not sell in a month or two, it means thatHe is not at the right price»»explains to Capital Guillaume Martinaud, president of the Cooperative of Real estate agencies Orpi.

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Vigilance on market adequacy at the market

A necessary pedagogy because many sellers have believed that the almost continuous drop in credit rates, since their peak of more than 4% at the end of 2023, would allow buyers to buy more expensive. An illusion because rates remain greater than 3%, standing for example at 3.20% for bans over 20 years. And there is a safe bet that they will keep themselves “Around this level at least until summer”warns Seloger, for whom “”the prospect of an average rate at 3% in July is moving away»»in a context of economic and geopolitical uncertainties. That’s why “We will remain vigilant about the issue of prices”assures Guillaume Martinaud, who urges the sellers not to raise their prices. Yann Jehanno, at the head of the Laforêt network, echoes his colleague: “What rates will buyers borrow in a year, with geopolitical tensions? My message to the sellers is as follows: you have found financial buyers, take advantage of it!».

A advice that sellers find it difficult to follow in Montpellier, Marseille, Paris and especially Toulouse, where prices increased by 0.4%, 0.6%, 0.2% and 0.9% respectively in April. In Le Mans, Saint-Etienne, Metz, Rouen and Toulon, they even increased by more than 1%. But they oscillate Between 1,000 and 3,000 euros per square meter in these citiesagainst a range of 3,400 to 9,500 euros for Montpellier, Marseille, Toulouse and Paris. At 0.6%, the price increase is less in Bordeaux and “They had dropped a lot, 13% at the height of the crisis”after quadrupling the rates in 2022 and 2023, nuance Seloger.