The real estate market slow down at last?

After a price spike in 2010, house prices are finally starting to take a break during the first quarter of 2011, according to industry professionals, such as FNAIM, Urbania or Citi.

Over the year, in the old, the prices of residential property increased by 2% nationally. The average price per square meter in the former amounts to 2,515 euros for the accommodation, apartments for 3,060 euros and 2,129 euros for houses. The latter price is explained by the larger area of ​​homes, compared to apartments.

House prices revives levels in the third quarter of 2008, just before the subprime financial crisis.

The highest quarterly changes were recorded in Provence Alpes Cote d'Azur (6.6%), Burgundy (+ 6.5) and Rhône-Alpes (6.4%). Ile de France, it stood at 4.9%. Of slight declines have occurred here and there: Poitou-Charentes (-2.6), Alsace (-2%) and Auvergne (-1.5%). Between Q1 2010 and Q1 2011, the average annual change in house prices in the former was up at the France (+1.6%), Ile-de-France (+ 3.3%) and provincial (1.1%), according to calculations by the FNAIM.

The market seems to falter, which is normal after the excesses of previous years. However, the slowdown has yet to affect the buyers. Because of the likely increase in the cost of credit, the market should continue to mark time. Ifop poll, nearly two-thirds of real estate agents bet on a stabilization over the next six months. It is the prognosis of Fnaim.