Like 2020, 2021 has been extraordinarily dynamic because of the post-Covid impact. Credit score charges have been at the moment very low and have been round 1% and even much less. The French then massively turned to the acquisition of products.
Final 12 months, given common inflation and the battle in Ukraine, mortgage charges began to rise once more, making house possession harder. Between 2021 and 2022, all the biggest cities in France misplaced sq. meters. An much more placing drop in the true property buying energy of consumers if we examine 2022 to earlier than the pandemic, that’s to say with the 12 months 2019.
That is revealed by the evaluation of the true property buying energy of the French within the 20 largest cities in France *, carried out by the dealer Meilleurtaux.
Le Mans, Saint-Étienne, Le Havre, Angers… a major lack of actual property buying energy
Rising from the well being disaster, these cities continued to draw consumers. The variety of m2 that consumers might afford with the identical month-to-month cost of credit score then collapsed.
For instance in Le Mans: between 2022 and 2021, town misplaced 34 m2and between 2022 and 2019 – 41 m2. One of many causes: with a m2 at €2,357 in 2022, in comparison with €1,930 in 2019, costs have elevated by greater than 20%.
Saint-Étienne misplaced 27m2 in only one 12 months. As well as, in 2019 it was attainable to accumulate 159 m2, the biggest common dwelling space in France. Nonetheless, whether it is nonetheless town which provides essentially the most stunning dwelling house, consumers can now solely purchase 123 m² in 2022. Thus, in three years, the buying energy of Saint-Etienne residents has fallen by 36 m2.
Final on the rostrum of cities which have misplaced essentially the most actual property buying energy in a single 12 months: Le Havre with – 22 m2. In 2021, a purchaser might anticipate to reside in an area of 99 m2whereas this 12 months, he’ll solely must accept 76 m2. The value of m2 went from €2,269 in December 2021 to €2,545 in December 2022.
Between 2022 and 2019, Angers is town that loses essentially the most m2 : i.e. 42 in whole.
Paris, Lyon, Bordeaux… the metropolises appear to be doing higher
Regardless of the interval studied, Paris, Lyon and Bordeaux misplaced the least m2. Paris information the bottom lack of actual property buying energy, i.e. -2m2thus going from 19 m2 in 2021 at 17 m2 in 2022. In three years, town has misplaced three m2.
“The costs are so excessive that, in fact, the drop is much less, however the fundable space stays four to five occasions smaller than medium-sized cities, underlines Maël Bernier, director of communication and spokesperson for Meilleurtaux, together with people who noticed their dwelling house shrink sharply. We should put into perspective with the value per m2. In Paris, it’s nearly 5 occasions larger at Le Mans! »
Bordeaux loses 6m in a single 12 months2 and thus goes from a dwelling space of 45 m2 in 2020 at 39 m2 in 2022. In three years, town loses a complete of eight m2. “It is finally fairly a bit, as a result of Bordeaux had suffered the value surge earlier than 2020. Clearly, the worst was over,” provides Maël Bernier.
Lyon loses precisely the identical space as Bordeaux, i.e. 6 m2 between December 2022 and December 2021. In three years, Lyon goes from an actual property buying energy of 43 m2 in 2019 at 34 m2 in 2022, i.e. – 10 m2.
“The rise in credit score charges in 2022 causes an actual change within the matrix and the implications spare no metropolis. If between 2021 and 2020 actual property buying energy has kind of stabilized inside these metropolises, little doubt as a consequence of the truth that they have been “a bit of uncared for” after the Covid.
At this time, in 2022, Paris Lyon and Bordeaux should soak up the rise in financing charges [taux directeurs de la Banque centrale européenne fixant le coût de l’argent pour les banques au sein de la zone euro, ndlr] “, she remarks.
Dijon, Grenoble, Strasbourg… these mid-ranking cities that aren’t to be outdone
The lack of actual property buying energy is widespread. In the course of the rating is town of Dijon which, in a single 12 months, has misplaced, definitely lower than the opposite cities, however nonetheless 16 m2 and 19 m2 in comparison with 2019, i.e. an actual property buying energy of 67 m² in 2022.
The explanations: credit score charges, but in addition the value per m2 which has nearly elevated by €200 in a single 12 months. Grenoble has misplaced 13 m² in a single 12 months and 16 m² in comparison with 2019, to succeed in 66 m² of actual property buying energy in 2022.
If Strasbourg exhibits a lack of solely 9 m² in 2022 in a single 12 months, it exhibits then again – 16 m² in 2022 in comparison with 2019.
* Over the interval from December 2021 to December 2022 and from December 2019 to December 2022. That is the true property buying energy for €1,000 month-to-month cost over 20 years calculated with the mounted charge of two.20% over 20 years .