the right time to buy?

Considering a real estate project during the back-to-school period is becoming easier. Philippe Berdah is looking for a new home for himself and his family. A year ago, he was visiting smaller spaces, but today, the drop in borrowing rates allows him to gain m² and make his project a reality. “A convergence between falling rates and falling prices is what allowed me to actively resume research”explained the potential buyer.

From 4.2% over 20 years in December 2023, real estate rates fall to 3.6% in September 2024. New prospects that are welcome for the sector after three consecutive years of sharp decline in sales. Customers are returning to banks and brokers. The drop in rates could push some owners to renegotiate their loans. The cost of credits could even fall below the 3% mark by the end of the year.