The dynamics of the real estate market in Alsace and Moselle are experiencing a significant turning point. Recent figures reveal a decline in real estate transactions that could mark a new chapter in the history of these regions. Indeed, real estate sales have dropped alarmingly, reaching levels not seen since 2015. This trend raises many questions about the evolution of the market and the challenges faced by buyers and sellers in a constantly changing economic context.
The real estate market in Alsace and Moselle is undergoing a complex period, with transaction figures experiencing a dizzying drop. In the second quarter of 2024, sales plummeted by more than 25%, a decline reminiscent of the lowest levels observed in 2015. This phenomenon is not isolated: indeed, all types of properties are affected, transforming the real estate landscape of this region into a real puzzle for buyers and sellers.
A decline in transactions that raises concerns
In recent years, the real estate market in Alsace and Moselle has experienced several twists and turns. However, the latest data provided by local notaries reveal a worrying decline in sales volumes. With a drop of 27% in Bas-Rhin and 26% in Haut-Rhin, it seems that the tide has turned for investors and owners wishing to sell. Even Moselle is not spared, showing a decline of 20%.
Real estate prices in decline
As transaction volumes decrease, real estate prices are also under downward pressure. The price of new apartments in Bas-Rhin has dropped by 5.3%, reaching an average of €3,920 per square meter. Meanwhile, the market for older homes shows similar signs with prices struggling to hold up against weak demand.
Access to property increasingly difficult
For potential buyers, obtaining a mortgage has become a real obstacle course. With the decline in interest rates offering some hope, the reality remains that the conditions for access to property are tightening. Banks, facing an unstable market, are cautious in granting loans, complicating the situation further for those hoping to acquire their ideal property.
A market in full transformation
The current situation of the real estate market in Alsace and Moselle is not limited to a simple fluctuation. Notaries in the region emphasize that this represents a true questioning of the dynamics established for several years. This movement could mark a turning point in the way market players approach their sales and acquisition strategies.
Parents and buyers in difficulty
This context of declining transactions and prices also has repercussions on young households and families. Many parents find themselves forced to revise their real estate projects downward. For those wishing to buy to expand their family, the current crisis poses a crucial question: how to settle in a region where financial accessibility is becoming increasingly problematic?
An uncertain future for Alsatian real estate
In this climate of uncertainty, real estate actors are trying to anticipate future developments. Could this be the time for a shift towards more accessible real estate products? Or will the trend continue towards alarming levels for the health of the market? The coming weeks will be crucial in determining if this market can initiate a recovery or if it will continue to plummet.
Real Estate Transactions in Alsace and Moselle
- Significant decline: Sales in the Alsace departments have dropped by more than 25% in the second quarter of 2024.
- Return to 2015 levels: Transactions have returned to volumes similar to those observed nearly nine years ago.
- Market evolution: Notable price decreases have been observed, particularly in Bas-Rhin.
- New apartments under pressure: The average price of a new apartment in Bas-Rhin has decreased to €3,920/m², a drop of 5.3%.
- Haut-Rhin in difficulty: Sales volumes show a more pronounced drop in Haut-Rhin compared to other departments.
- Moselle stands out: A median price of €2,030/m² for older apartments, a context beyond the regional trend.