Low credit rates and a low-cost market



 

It is estimated that between 730,000 and 740,000 operations for 2014, a slight increase over 2013 (719,000) and 2012 (704,000). A slight increase due to the number of customers for the new home market, which finally fell back on the former. Mainly, because the market context has made it often more advantageous for an acquirer to turn to the old, rather than the new one.

Market regression.

Market regression.

In the case of new housing, even though credit interest rates continue to drop, this is the first time since 2004 that the number of housing units built has fallen below the 350,000- unit mark, for last three years. There is even a ” record ” for 2014, with less than 320,000 new homes built, in other words a particularly worrying 21% drop in the number of building permits issued in 2014 compared to 2013.

In the end, only 88,000 new home sales are made at the end of the first quarter. These figures can be explained in particular by high land prices and rising construction costs.

The Luar law has discouraged rental investment.

The Luar law has discouraged rental investment.

In spite of very interesting rates, investors preferred to play the card of prudence and waited to see the fallout of the law Luar. Between, the possibility of a profound change in the legislative framework and a risk of tax hike, many entrepreneurs have retracted and are still waiting to see more clearly to start new rental projects.

In short, the rental market remains at a standstill in the face of an uncertain future.

What to remember

What to remember

As part of a project, for you borrowers, all indicators are green! Attractive rates, many property seeking taker and actors in the market ready to negotiate in the sense of the buyer. This is undoubtedly the moment to launch.

Are you still hesitating? First take the time to perform an online simulation.

 

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