Analysis and synthesis (Analyses et synthèses) no. 82: Housing Finance 2016
Activity in the residential real estate market, encouraged by interest rates on housing loans that fell to an all-time low of 1.50% in December, was once again buoyant in 2016, illustrated by the 6% increase in existing home sales. Furthermore, prices for both new and existing properties were up again, by 2.9% and 1.7%, respectively, while the latter market segment recorded price rises of 4.4% and 3.1%, respectively, in Paris and the Île de France region. The slight increase in interest rates in first-quarter 2017 looks to have amplified this upturn in activity, encouraging some borrowers to bring forward their transactions in order to benefit from the existing accommodative financial conditions.
In this document:
Download the PDF version of this document
- Published on 04/06/2018
- PDF (1.73 MB)
Updated on: 03/19/2019 16:19