Real estate: the French are leaving the big cities

Real estate: the French are leaving the big cities

A new study confirms that the pandemic has changed the real estate market. David Boéri, journalist for France Télévisions, sheds light on the 12/13 set, Wednesday April 7.

Real estate: the French are leaving the big cities

Since the pandemic, the French have tended to leave large urban centers, “To settle in relatively medium-sized towns”, indicates the journalist David Boéri, present on the set of 12/13 Wednesday April 7. “The health crisis, with confinements and above all the tremendous development of teleworking, is totally changing the outlook”, he adds. A mortgage comparator has drawn up a list of price increases per square meter in 2020: Lyon (Rhône) is in the lead with + 662 euros, closely followed by Angers (Maine-et-Loire) with + 559 euros, and finally Nantes (Loire-Atlantique), which shows an increase of 400 euros.

Interest rates remain low

Another indicator makes it possible to measure the attractiveness of medium-sized cities, that of real estate purchasing power, in other words “How is the surface area you can buy changing”. For the first time in years, “Paris remains in balance and Marseille (Bouches-du-Rhône) is gaining purchasing power, conversely, some medium-sized cities are losing space”. With the same budget of around 223,000 euros over 20 years, this year buyers will lose 17 square meters of surface in Angers, 10 square meters in Reims (Marne) or even 9 in Nîmes (Gard). “Proof that for a year now, demand has been very strong in these cities”, comments the journalist. Interest rates remain very low despite everything, even if the fall “Was offset by the rise in prices on certain goods”.

Among our sources

The study on the evolution of real estate purchasing power in 2020, carried out by the mortgage comparator Best rates: https://www.meilleurtaux.com/credit-immobilier/pouvoir-achat-immobilier/2021/covid-19-un-an-apres-quel-impact-sur-le-pouvoir-d-achat-immobilier.html