Real estate in Avignon: prices are falling

Christian moved into his new home recently. For several months, he had been dreaming of this 79 square meter apartment. He knew how to wait for the right moment and today considers himself to have made a deal. “It was listed at 230,000 euros, and I got it for 207,000 euros”, he explains. Is the real estate market on the rise? According to a SeLoger study, the purchasing power of the French is on the rise again. In Avignon (Vaucluse), buyers gained 6 more square meters for a monthly payment of 1,000 euros per month borrowed over 20 years.

Purchases have been made easier by the slight reductions in borrowing rates since January 2024. In Avignon, the square meter varies between 2,000 and 2,500 euros, depending on the neighborhood. In some sectors, prices have started to fall. According to a real estate agent, the lull is confirmed, and demand is becoming constant and stable, as are interest rates, which are trading around 3.5% for a 20-year loan, compared to 4.5%. last year.