News from the market

The market ruled by the sellers

“The market is currently suffering a double brake, said Peter Bazaille, buyers are both blocked by the sale high price, but also by the shortage of goods. Real estate is a safe haven and the owners do not sell.» The pessimism about their future carrier also explains the decline in transactions. Indeed it is difficult to get into debt as they fear losing the job. Hence the general feeling that there will be no signifiсant recovery, as unemployment continues to rise in France.

Hence, the market is now characterized by advantage of the power of negotiation on the side of the sellers because of the offer scarcity.

Source: Digest lefigaro.fr, February-March 2010