The French service in real estate field provided market research before academic year.
As showed the data collected by the agency, the prices continue to grow in the country, despite the temporary recession of activity caused by a coronavirus. The main reason of growth – a lack of the offer.
"Crisis deprived the market of 18% of annual activity for which it will be impossible to make up in 2020", – Michel Muyar, the press secretary of the French portal on the real estate specifies.
In France in general increase in prices in 3 months was 2.1%, in a year: 5.2%. At the same time the housing prices have a downward tendency in some cities of the average size and even in the capital. So, in Paris in a quarter the price of square meter dropped by 4.2%. However in the majority of the cities with the population more than 100 thousand people are still observed growth. Concerning the cities where the prices fall, the expert specifies that it is connected not with a virus: "In regions which endure an economic depression sometimes long enough, reduction of prices began not today", – Michel Muyar notes.
If there is a trend which was urged on by a pandemic, then it is passion of the French to houses with the external territory. Therefore there is nothing surprising that the French portal on the real estate shows a trend to reduction of a gap between the housing prices in the most available megalopolises (Brest, Big Nancy, Rouen-Normandy) and in Bordeaux, Lyon and Nice. "Only 1.7", – Michel Muyar emphasizes. For example, in Brest the preference of individual houses forces citizens to move from the downtown. As for apartments, the difference in the price between the cheapest megalopolises and Greater Paris "still makes 1 to 3". In general in the center of the large cities of the price is still higher, than on the periphery.
Because of high prices, the insufficient offer and great demand, the negotiation margin is at a low level. In the market of apartments after sharp falling in May it was stabilized at the level of 3% that "is 27% lower than long-term mean value". Before a new season so low levels are observed even in the intense markets "large agglomerations and also in rural areas and in the average cities", – Michel Muyar specifies.
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