Studies that were conducted on the situation of the real estate market in some cities in France have shown that there is a big difference between the price of one city to anotherBetween Toulouse and Bordeaux, for example, the difference is 0.25 points in respect of loans to 20 years
Change in real rate
A site has conducted studies on real rates that are applied in ten towns in FranceThe results of these studies have shown that there is great disparity in rates in the ten cities that were analyzedAs a result, there are much more favorable for borrowing and otherAs an example, a person who makes a loan to 20 years in Toulouse may have a rate of 3.75%However, if the loan is in Bordeaux, the best rate he could not going to be below 4%
These differences in rates that are offered by banks are mainly due to the strategies adopted in the local communityBut there are promotions that are offered by different financial institutions that are among the causes of these
Also note that the rate that is granted depends on the particular circumstances of the borrowerOlder people can not, for example, benefit from a rate of interest because they are at higher risk for banksOn the contrary, young people will be able to take out a loan that has characteristics quite interesting especially at the rate
And market context
Of note is that the situation in the real estate market is different from one region to anotherIn some departments such as the Gironde, the Drôme, the Loire Atlantique, the Marne and Seine-Maritime for example, the selling price of a building has a high evolution sometimes up to 10%This is not the case for the Lozère, the Landes, the Deux-Sevres, the Meuse, the Allier and the Cher, where the price variation is between -4 to -13%
In addition, after the 2008 crisis, the sector has seen a clear evolutionBut according to figures that have been listed above, be aware that not all regions of France who have benefited from this new momentum experienced by the market
The trend is also present in the renovation and sale of old houseAccording to test results that have been made by the National Institute of Statistics, the price of transactions in this sector rose by 6.3% in FranceHowever, it is in the city of Paris there was the clearest trend with 9.8%
Examples
For an overview of the situation, it is important to see in detail the evolution of the market in citiesFor this, there are two that stand out:
- The city of Bordeaux was a slight trend with 2 to 3%
- For Nantes, the price increase is between 3 and 4%
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