In an environment where interest rates have dropped again and reached historical lows, the housing market was very dynamic in France in 2019: the number of transactions reached a new historical peak of 1,065,000 sales, while the INSEE price index for existing property increased by 3.8% in metropolitan France (+4% in the Ile-de-France region and +3.6% in the rest of the country). In this environment, the annual issuance of housing loans amounted to EUR 246.4 billion in 2019, a 21.3% increase compared with 2018. At the same time, the outstanding amount of housing loans grew by 6.8%.