2023-11-03 19:30:00
According to an OpinionWay survey * for Laforêt Immobilier, at the end of the 3rd quarter of 2023, the French are resuming their property searches, undoubtedly driven by the decline in inflation during the summer. Rental investment still interests themeven more so in the period of economic crisis.
The trend towards wait-and-see is declining
Against the background of a decline in inflation during the summer, the real estate market seems to be gaining momentum at the end of the 3rd quarter of 2023. According to the OpinionWay survey for Laforêt real estate, 17% of French people say they have the intention to buy real estate during the year, i.e. +4 points compared to June.
The wait-and-see trend observed last month is also declining and property searches are resuming: 7% have already started them (2 points more than in June).
Furthermore, 5% of respondents said they had already purchased a property this year. Finally, 22% of French people have made real estate purchases or plan to do so in 2023.
Interest rates, a less significant obstacle for some French people
While average interest rates are approaching 4%, this no longer seems to be as significant a brake as in recent months for the real estate ambitions of the French.
Today, one in three respondents say that their level would have no impact on their projects in this area (33%). A proportion that is constantly increasing (+7 points since December 2022), according to the OpinionWay survey for Laforêt real estate.
Rental real estate, an investment that interests the French
One in four French people say they have already made a rental investment (25%), i.e. purchasing a property to rent it out, and 20% intend to make one in the short term. Overall, a third of French people are planning or have made a rental investment. One in two French people consider it a secure investment in times of economic crisis (51%), and even 72% of those who have already made an investment of this type.
This acquisition is more popular among wealthier households: 34% of French people whose monthly household income is greater than or equal to €3,500 have already invested in a property to rent.
But two obstacles exist for the French: the unfavorable economic context (conditions of access to real estate credit, level of property tax, etc.) and the rental management of the property. Thus, 64% declare that the obligations involved in rental real estate dissuade them from embarking on this type of investment (rent control, energy renovation obligations, etc.).
* Carried out from September 6 to 7, 2023 with a sample of 1,015 people representative of the French population aged 18 and over, constituted according to the quota method, with regard to the criteria of sex, age, socio-professional category , category of urban area and region of residence
1699050460
#Real #estate #Credit #rates #inflation.. #French #confidence #real #estate