Property prices continued to fall in October in many large and medium-sized cities such as Paris, Lyon, Angers and Reims, according to the monthly BFM Business Bien’Ici barometer. However, the decline has a hard time starting in cities close to the sea.
A month after its launch, the BFM Business barometer, prepared in partnership with the Bien’ici advertising site “Real estate indicators”, reveals a new snapshot of the transaction market and rental market, this time for the month of October. With a confirmation: The decline in prices is widespread in many citiesEven if some continue to resist.
>> You can find all property prices city by city and in detail at the end of this article (after the maps)
L.The decline that started in the average price per m² in the last few months, especially in Paris (11,154 euros, -4.6% in one year), Lyon (5,276 euros, -4.8%), Lille (3,926 euros, -4.6%) continued. ), Bordeaux (5,035 euros, -3.8%) or Montpellier (4,321 euros, -2.5%). The trend also reaches some medium-sized towns such as Angers (3,712 euros, -3.9%), Reims (3,192 euros, -2.7%) and, to a lesser extent, Dijon (3,086 euros, -0.4%) or Saint . -Étienne (1,577 euros, -0.2%).
Prices stay afloat on the beach
Conversely, some towns, often near the coast, are resisting price erosion. For example, the average price per m² in Marseille increased by 2.9% to 4,134 euros in October. The increase is similarly seen in Aix-en-Provence, where the average price per m² is 6,155 euros, while in Nice it reaches 4.3% (6,508 euros) and in Toulon 1.6% (3,659 euros). This can be explained demographically by the fact that buyers in this region are older and have little or no recourse to credit. It goes without saying that Marseille, long undervalued, continues to catch up.
In the north, prices also continue their upward trend in towns close to the sea such as Caen (3,300 euros, +3.2%), Le Havre (2,723 euros, +4.3%) or Calais (1,832 euros, +13.2%).
Rentals still on a timid downward trend
The number of property listings for sale on the Bien’ici site continues to reach its peak: +73.4% in Lille, +73.3% in Aix-en-Provence, +68.5% in Angers, +60.8% in one year % in Strasbourg, +62.3% in Grenoble…
The same phenomenon is observed in most cities in the rental market. Although prices are more resilient in this market. Thus, due to the shortage of rental housing, the average price per m² increased by almost 17 percent (44 euros) in Paris, 10 percent (24.70 euros) in Nice, 7 percent (15.60 euros) in Dunkirk, 6.5 percent . In Nantes (16.80 euro), 5.4% in Caen (16.60 euro)…
The opposite trend is observed in some cities, such as Angers (15.90 euros, -7.9%), Grenoble (15.50 euros, -4.9%) and even Lyon (20.20 euros, -3.7%) .