Prepare for your property return: opportunities not to be missed this autumn

The return to school is approaching, and with it, a key period for realising your property projects. Whether you are actively searching for a new property or simply gathering information, autumn has historically been favourable for the French property market. This is the ideal time to consider your next investments or purchase your future home.

Here are three important factors that will influence the property market this autumn:

Mortgage rates:

Property prices: Despite economic turbulence, property prices in France are not experiencing a drastic fall. However, they are adjusting in line with the new market realities, particularly in relation to current borrowing rates. For you as a buyer, this means it is essential to evaluate properties carefully based on their fair value and remain attentive to opportunities that may arise during this transitional period.

Since June 2024, the European Central Bank’s key rate has been set at 3.50%, a development that has slightly improved financing conditions. Today, the strongest applications can secure rates of around 3.39% over 20 years (according to our partner Meilleurtaux). This significant reduction from the 4%+ at the start of the year makes credit more accessible for a greater number of buyers, although criteria remain stringent. It is also worth noting US market optimism regarding rate cuts, which could signal similar trends in Europe in the months ahead.

Property prices:

Despite economic turbulence, property prices in France are not experiencing a drastic fall. However, they are adjusting in line with the new market realities, particularly in relation to current borrowing rates. For you as a buyer, this means it is essential to evaluate properties carefully based on their fair value and remain attentive to opportunities that may arise during this transitional period.

Political uncertainty:

Although the French political environment is uncertain, the economy continues to function. Examples such as Belgium in 2010-2011, which prospered despite the absence of a central government, show that economic fundamentals can remain strong despite turbulence. In France, these same fundamentals should enable the property market to maintain its dynamism.

Conclusion:

During this return-to-school period, the property market offers excellent opportunities. Whether you are looking for an affordable property, a family home or a prestigious estate, now is the time to act. Our property advisors are here to support you and help you seize these opportunities, offering a diverse range of properties tailored to your needs. Do not hesitate to contact us to advance your property project under the best conditions.

Best wishes for the return to school and see you soon for new property adventures!