Christophe Bordé // Credits: Pexels/RODNAE Productions 3:59 p.m., April 7, 2024
The CENTURY 21 brand reveals, exclusively to Europe 1, the figures for transactions and prices of old real estate over one year. At the end of this first quarter of 2024, prices on the market continue to fall slowly, -3% on average at the national level, interest rates are decreasing and inflation is stalling.
Exclusively for Europe1, the CENTURY 21 brand reveals the figures for transactions and prices of old real estate over one year. At the end of this first quarter of 2024, the market is still far from euphoria but an improvement seems to be emerging. Reasons: prices continue to fall slowly, -3% on average at the national level, interest rates are decreasing and inflation is stagnating.
© Century 21
“We are going from red to orange”, this is the image taken by Charles Marinakis, the boss of Century 21 France, noting that the engine of the real estate market, which has been stuck for several months, is once again trying to pass the second. Even if desire does not yet take precedence over prices, there are signs that are unmistakable. In the brand's real estate agencies, potential buyers are returning. Visits to properties and traffic to the website (century21.fr) have increased by 10 to 20% since January.
© Century 21
Always the desire to become an owner
According to Charles Marinakis, this is the concrete materialization of the French desire to once again acquire the property of their dreams. More than 60% of those who are not yet owners still want to become one.