prices have fallen in one year

Pascal, retired, has lived in his house for 25 years, but he has decided to put it up for sale. Its starting price: 805,000 euros. Three weeks later, he still hasn’t found a buyer, so he made a concession and dropped 3%, or 25,000 euros less, but he doesn’t say he’s ready to sell it at a discount. For more than a year, a real estate professional has been lowering the prices for the houses and apartments she sells. It remains to convince the owners to make an effort. According to her, price drops are more frequent than before.

In one year, prices have fallen by 3.8% on average in France. In detail, it is -7.7% in Paris, -8.1% in Clermont-Ferrand, and -11.2% in Nantes. Goods that cost less in certain seaside resorts, in rural communities, or in medium-sized towns where certain housing is spared. Prices are expected to continue to fall by 5% to 7% by the end of the year.