After waiting in vain, this summer, that credit rates will go under the 3%, suitors for home ownership should not be lulled in illusions as to a next drop in prices. “”Prices have stopped falling»»insists Thomas Lefebvre, vice-president of the Seloger/Best Agents group in charge of the data, during a press conference, this Tuesday, September 2. After three years of decline, in sometimes “historical” proportions, he underlines, the prices of the old apartments display a slight 0.8% increase In the whole of France on September 1, over a year, when they were still in withdrawal of 1.3% over the period from September 2023 to September 2024. And they will not stop there, seloger tables on an increase in prices of 1% to 2% over the entire year 2025, compared to 2024, then on an increase between 2% and 3% in 2026.
The rise in prices is observed particularly in large metropolises, with prices which have rebounded 2.3% in Paris in the past 12 months, 2.5% in Lyon and 3.6% in Bordeaux. But, good news for aspiring buyers, Thomas Lefebvre Discerne “An exception” Among the 10 largest cities in France: Reindeerwhere prices still plunged 4% in the space of a year. It must be said that they “Had gone by 60% between 2015 and 2022”thanks to very low credit rates and post-Cavid craze for provincial cities easily accessible by train from Paris, recalls the manager. “In Rennes, there is a problem of real estate purchasing power, which the inhabitants have not yet found, as was still the case recently in Nantes”where prices are only starting to go up, he explains.
Real estate credit: waiting to borrow could cost you dearly
Correction of excessive and insecurity increases
Besides Rennes, 8 of the 50 largest cities in France have seen their prices unscrewing more than 3% in the last 12 months: Antibes, Bourges, Quimper, Tours, Tourcoing, Calais, Mulhouse and Villeurbanne (see infographic). In Antibes, where many people buy, prices had not dropped when credit rates had quadrupled in 2022 and 2023, against the national trend. An adjustment was therefore necessary. As in Tours, an hour from TGV from Paris, and whose real estate had taken advantage of the Ile-de-France post-Cavid exodus. Ditto for Tourcoing, a postponement market for a city in Lille which has become relatively expensive.
Olivier Descamps, director general of the real estate agent network, sees another reason in pursuing the prices diving in cities like Rennes, Grenoble, where they dropped by 2.4% over a year, and Nantes not so long ago: “All three have plummeted in the rankings of cities where life is good, in particular because of insecurity problems, well regarded by buyers.”