4 according to Century 21 and decreased by 1

Blow on blow, the Fnaim, Century 21, then the notaries yesterday, have set out their vision of the real estate market, in a certain cacophony. Professionals have obviously not heard the call of the Secretary of State housing to their numbers in consistency.

According to the Century 21 network, availing itself of compromised 44.000 of sales in 2009 (580.000 transactions at the national level), prices increased by 7 in the first quarter of 2010 over the same period last year, against 1.8 for the Fnaim (claiming 60,000 gross transactions references). Over the past three months, from the fourth quarter of 2009, the compromise of sale prices have increased by 0.4 according to Century 21 and decreased by 1.4 for the Fnaim. In the latter case, prices are stable on the thickness of the line, when Century 21 there are pressures on the rise.

An analysis that could. The fourth quarter, released yesterday and which corresponds to the compromise signed in the third quarter, indicates an increase of 0.8 for the price of the old apartments, and 0.2 for houses.

Differences of the observatories

Only unanimous findings of professionals: the number of transactions has significantly progressed, to 39 at end of March on a year for Century 21, where this price remedy. "Paris has reached an average price of 6.872 euros per square metre is a highest new history, said Laurent Vimont, President of Century 21.". On the rest of the territory, there is the price levels of 2007-2008. "Analysis by nature of property, on the other hand, also differs according to the Observatory.

"The decline in prices is always bright for former housing of small surface on the market of the apartments, as the market houses," said Fnaim, that investors prefer small Scellier new surfaces. "Investors traditionally represent 10 of transactions in the former, compared to 60 in the nine," recalled its President René Pallincourt. Century 21 is however not alienation small surfaces for the rental, on the contrary. "The market was restarted by primo-homebuyers early 2009 with the decrease in interest rates, but today there is a normalization, with an increase of 12 of the number of investors in our agencies from the first quarter of 2009", said Laurent Vimont. In this system, investors are today 15 of the transactions, and even 25 in Paris. Another sign of normalisation, "the return of secondo-homebuyers purchasing large surfaces is confirmed." "Paris, the number of customers in 50 years and CSP has increased by 30 in one year", stressed the President of Century 21 for that to be national. "We find the proportions of 2007, secondo-homebuyers now comprise 57 of the total of the purchasers of principal residences. This means, in the capital, by increased financial means, with an average contribution of 33 level (much more than the 23 of the average national), and a decrease of 17 in one year of the average length of loan, to 20 years.

However, these trends should not lead to a surge in prices this year. Following the evolution of interest rates, the Fnaim table on a range of variation from-3 to 3 on the year, and increased 1 to 3 for Century 21, who believes that beyond the market gripperait. "It does not exclude a relapse, the crisis of the 1990s like," says Pierre Bazaille." President of the notarial Institute of real estate. In 1994 the market took then was back in 1995, was lifted in 1996 for down in 1997 and the out of the crisis had really occurred in 1998...