Old Apartment Prices in France: Stagnant Amidst Local Disparities
Real Estate Predictions: Discovering the Five Metropolitan Areas Showing Price Disparities in June 2025
Let's dive into the state of old apartment prices in France last month, as reported by SeLoger on June 2nd. The overall picture? A status quo, with a 1% increase from May 1st to June 1st, bringing the annual increase since January to a mere 0.6%. However, don't let these numbers fool you – they gloss over some significant local discrepancies.
In the 50 largest cities, prices only ticked down by 0.1% in May, and saw no change whatsoever in the 10 largest metropolitan areas. But as SeLoger cautions, this seems stability is a façade concealing escalating divisions between big cities.
Cities on the Rise and Those Slipping
Splitting the top ten cities into two halves, you've got Paris (+0.3%), Rennes (+0.6%), Bordeaux (+0.4%), and Marseille (+0.4%) still pushing prices upwards. Conversely, Nice, Nantes, Lyon, Lille, and Toulouse are witnessing a slide, with prices decreasing in each. Nantes and Nice, in particular, appear to be in the midst of a sustainable decline, with average prices slipping by 0.5% and 5,045 euros per square meter, respectively.
Despite this dip, prices have held up remarkably well in Nice against the real estate crisis sparked by surging credit rates in 2022 and 2023. International clients, according to SeLoger, have displayed renewed caution due to the geopolitical context.
Normalization Factors at Play
In the case of Nantes, however, the continuous price decline is more likely a return to normal. The city saw prices soar by 50% between 2015 and 2021, particularly in the wake of the health crisis. Despite a 0.5% decrease in May, which brings its decline to 3.3% since January, demand is yet to fully recover, SeLoger notes.
Lyon too, with a 0.4% decrease in May and a 0.2% decrease since January, is grappling with reestablishing its pricing equilibrium. Uncertainty about the evolution of mortgage rates, which had previously been hoped to drop to 3% by summer 2025, could instead push them further away from this target, according to SeLoger.
Real Estate Insights: A Deeper Look
Location, demand, economic conditions, and infrastructure all play crucial roles in shaping market trends. In Paris,· with its high demand and limited supply, prices sit atop the French housing market. In contrast, cities like Lille and Marseille, benefiting from urban regeneration efforts and economic development, may see their property values grow over time. Regardless, the future of the real estate market is tied to macroeconomic conditions.
Investors should pay close attention to the fluctuating real-estate market in certain French cities such as Nantes, where prices are showing a sustained decline. The continuing decrease in Nantes might be attributable to a return to normal after a significant price surge rather than a result of the current economic instability. On the other hand, cities like Paris, Rennes, Bordeaux, and Marseille continue to see increased rental prices, offering an opportunity for finance in the real-estate sector.
