Reviews: The prices of old real estate net in the third quarter of 2022

Real estate: access to property, a dream undermined by the increase in interest rates

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Les prix de l’immobilier ancien grimpent. Photo d’illustration. © Mathieu Pattier / Archives Ouest France The prices of old real estate climb. Illustration photo.

According to the notary-in-law index, old real estate prices are up 6.4% compared to last year in the third quarter of 2022. The increase is even stronger for houses.

The prices of the old real estate increased by 6.4 % over a year in the third quarter, the increase continuing its slight slowdown, according to the reference notary index of reference published Thursday.

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The increase was 6.8% in the second quarter and 7.3% in the first, while the price increase has been supported since the start of the pandemic.

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The data of notaries published Thursday is based on final sales. The National Institute of Statistics (INSEE) is associated with the calculation of the index.

Prices flambé in Marseille

the rise in prices follows the transactions curve, which after reaching a peak in the 3rd quarter 2021 (more than 1.2 million sales) slowly reflected but remains at a very high level with 1.13 million sales concluded.

The trend observed since 2020, which sees the prices of houses add up much faster than the apartments, continues: they increased twice as fast, 8.2% against 4.1% in the third quarter.

Ile-de-France, where real estate prices are the highest, continues to increase significantly less than the rest of mainland France (2% against 8.1%).

The prices of the apartments follow completely different trends in the three largest cities in the country: they continue to reflect in Paris (-1.2%), while they flambé in Marseille (+10.8%) and progress slowly in Lyon (+1.9%).

Used Auto Loan Payments Have Topped a Key Level .
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