If "becoming a homeowner remains a priority for the majority of French people", as recalled by Alexandre Mirlicourtois, director of business conditions and forecasting at the Xerfi Institute, this will not be enough to support the French real estate market. Despite the hopes of many, who "anticipate an increase from the second half of this year", based on "the widening gap in key rates on both sides of the Atlantic" and "statements Officials of the ECB which has committed to leave unchanged rates until the summer, "our expert believes for its part that" low property rates is good, but it is not enough. " According to him, it is still necessary "that the conditions of granting remain favorable as well as the duration." However, "the share of the loans of more than 25 years granted" by the banks went from 15% in 2014 "to almost 36% in 2018 ", while" the share of long-term loans "jumped from" 28% in the fourth quarter of 2017 to 39% by the end of 2018 ", he insists. Consequences: the rates are too low and their lengths too long.

According to our expert, we can therefore expect that there will not be "the same type of lengthening of the duration in 2019 as in 2018 nor of the relaxation of the conditions of granting, which , in a context of very high prices, will undermine the purchasing capacity of the most fragile part of the demand, that of first-time buyers and modest households ". Transactions, "which peak around 960,000 units, should decline by 7% and return to 900,000 units," said Alexandre Mirlicourtois. Finally, judging the latter, 2019 should see the price increase "clearly mark the pace, from nearly 3% to 1.5%", with a decline in prices visible from the second half. Especially since the tensions noted in some large cities will not be enough to counterbalance the decreases recorded elsewhere, "especially in cities or neighborhoods where it is the first-time buyers who make the market," says

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Real estate prices should continue rising in 2019
Purchasing Power: Are Yellow Vests Right to Target Taxes and the State?
France: Real estate rose in price and volume in 2018
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"data-reactid =" 25 "> Real estate: will prices go up or down in 2019?
Real estate prices should continue rising in 2019
Purchasing Power: Are Yellow Vests Right to Target Taxes and the State?
France: Real estate rose in price and volume in 2018
Yellow vests: democracy in danger?