Real estate: Nîmes, the only city in the South where purchasing power is maintained

Meilleurtaux.com has just published a report on the real estate purchasing power of the 20 largest cities in France.Two cities are stable including Nîmes, the Gard capital

The specialists are formal: "People want to buy and the requests for funding since the deconfinement have resumed," explains Paul, a Montpellier real estate agent."The two months of confinement allowed many people to reflect and mature their real estate projects but the decision is not so easy to put in place because the finances have to follow ”.

After a dynamic year 2019, the most dynamic ever observed in the sector, the rate hike observed in the first months of 2020 has overall undermined the real estate purchasing power of households in large cities to very rare exceptions.

To identify these cities and fully understand the current phenomenon, Meilleurtaux.com has just released the balance sheet of real estate purchasing power in the 20 largest cities in France between January and June 2020 but also the evolution observed over a year, between June 2019 and June 2020.Verdict: the real estate purchasing power of households is falling everywhere except in two cities: Nîmes and Reims.

Nîmes: stable real estate purchasing power

"On average, the decline in real estate purchasing power over the last 6 months is 3m² for all of the 20 largest cities in France.And if we compare June 2020 to June 2019, the average loss is 5m² "Explains Maël Bernier, director of communication and spokesperson for Meilleurtaux.com.

Posted Date: 2020-07-08

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