Real estate: why new home sales are likely to fall again next year

2023 is a dark year, 2024 doesn’t look any better! While the promoters have just come off one of the worst years in their history, they don’t foresee a recovery in the short term. Much to the dismay of potential buyers who see housing supply dwindle in their regions and departments. The “Great Real Estate Meeting” (Capital / Radio immo) this month received Didier Bellier Ganière, General Delegate of the Federation of Real Estate Developers, to evaluate.

In particular, our guest went back in detail to the various elements that blocked the market this year. Developers, already facing difficulties in construction – lack of permits, lack of land – had to face a massive withdrawal of buyers in 2023, themselves burdened by inflation and rising interest rates. For promoters, the situation is such that a short-term rebound seems threatened, our guest admits. Especially since the pros will have little wiggle room to cut prices next year. Watch our interview in the video above.

>> VIDEO – Below you will find our entire program dedicated to the situation of new housing

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