Breaking: Auvergne-Rhône-Alpes Real Estate Market Slows Down
Urgent Breaking News: According to the latest Procivis-Harris Interactive 2024 barometer, the real estate market in Auvergne-Rhône-Alpes is experiencing a notable slowdown. Residents in the region are adopting a more cautious approach compared to the national average, with economic uncertainties and housing supply issues playing a significant role.
Regional Disparities and Economic Uncertainty
The study, conducted with 1,169 people in the region, reveals that only 29% believe it is the right time to buy, and 27% think it is the right time to sell. This cautious stance is largely due to a negative anticipation of the economic situation, with 63% of residents fearing a deterioration in their standard of living.
Housing Supply Tensions
The drop in construction and the effects of energy performance diagnoses (DPE) have tightened the housing supply. “The difficulty currently is to find accommodation that meets its effective needs,” said Bérengère Servat, CEO of the CIS group. The region’s natural framework and proximity to Switzerland have retained some attractiveness, but housing shortages remain a challenge.
Regional Disparities and Knowledge of Housing Systems
The average housing budget in Auvergne-Rhône-Alpes is €640, higher than neighboring regions except Provence-Alpes-Côte d’Azur. Despite this, 77% of inhabitants are ready to increase their budget for energy-efficient housing. The region shows a strong understanding of homeownership systems, with high awareness of the PTZ, Maprimerénov’, and Pinel law.
Construction and Density Concerns
Only 28% of residents support building more in their commune, and 27% believe there are already too many buildings. To address these challenges, Procivis and the CIS group propose establishing a status for private donors, relaunching new construction, and supporting energy renovation, especially in rural or tourist areas.
Evergreen Insights for Home Buyers and Sellers
Understanding market trends is crucial for making informed decisions. Historical data shows that economic downturns often slow down real estate markets, making it a buyer’s market. For those looking to sell, maintaining a competitive edge through energy-efficient renovations can significantly boost property value. Expert insights emphasize the importance of staying informed about local regulations and market conditions.
For more insights and expert advice, visit archyde.com.
