In Rennes, the real estate market seems to be regulating

In Rennes, the real estate market seems to be regulating

Sectors once taken by storm where transactions are returning to a normal rhythm, an almost generalized drop in sales: this is the state of play in Rennes at the start of 2023. As a result, market regulation which, far from throwing professionals off balance, seems natural, even opportune. “For the past few months, we have observed a decline in the number of transactions, which makes it possible to replenish stocks. Buyers can thus position themselves on the property that suits them best”, shighlights François-Eric Paulet, President of the Chamber of Notaries of Ille-et-Vilaine. Owners who are too greedy now find it difficult to sell at a high price properties that have defects or do not meet the expectations of the buyer.

All about real estate in Rennes and its region

Find our file to know the latest trends and real estate prices in Rennes, Saint-Malo, Dinard, Brest, Côtes d’Armor, Finistère or in Morbihan.

The figures confirm this decline: in one year, transactions in Ille-et-Vilaine have decreased by 7% for old apartments and 13% for houses, according to the notaries of the department. The reasons ? “The uncertain economic situation, the cost of energy, access to credit which is getting tougher”, lists François-Eric Paulet. But he remains confident: “The market remains strong. The economic dynamism and attractiveness of the metropolis still appeal to young households.

This article is for subscribers only. To read more, take advantage of our non-binding offers!


Google Exclusive: 6.99€/month

By choosing this promotional subscription path, you accept the deposit of an analysis cookie by Google.

Leave a Comment

Your email address will not be published. Required fields are marked *