© DR – signs of shortness of breath, underlined by GIE ImmoStat announce may be the end of the real estate bubble.
According to a study published by the firm GIE ImmoStat, the real estate investment only reached € 2.5 billion in the second quarter of 2017. This represents a decrease of 48% year on year. Towards the end of the real estate bubble ?
On a market that would be overvalued by 30 %, the real estate investors and supervisory authorities are vigilant. The signs of shortness of breath, underlined by GIE ImmoStat announce may be the end of the real estate bubble.
The growth of the sector is slowing gradually
If the demand in the real estate business was strong in the first quarter of the year with an increase of 4 % year on year, it has heavily declined in the second quarter with only 502 100 m2 of offices registered. This represents a decrease of 16 % year on year.
Only good news, the rent facial offices on the market of the nine resists with a stabilisation at 367 euros HT HC/m2/year, whereas this number increases for second-hand goods with 358 euros HT HC/m2/year.
Lower investments in the Île-de-France
According to the research firm, the total amount of investments in the real estate business was 5.0 billion euros in the first half of the year, which represents a decrease of 27 % year on year.
The second quarter was equally catastrophic, with a decline of 48 % compared to last year, and only 2.5 billion euros of investments.
The spaces of coworking are gaining market share
New practices such as coworking are they in part responsible for the collapse of the real estate market ? With the technology and the need for rationalisation, the modes of work are changing.
Thus, the coworking is a great solution for small businesses and self-entrepreneurs to occupy their workspaces. If you engage in the activity of forex trading, it is very likely that you use a coworking space.
It is at the end of the years 2000 that the first offices are shared are located in Paris. The professionals of the real estate business have smelled the vein and developed signs dedicated.
The old building displays historical sales
According to figures of notaries of Ile-de-France published on 24 July, in the second quarter of 2017 the real estate transactions for the former have reached 46 250, an increase of 32 % and 45 % more than the average over the past ten years.
This progression is more marked on property situated in the large crown, which displays an increase of 36% of sales versus 32% in small crown. Thus, if the market of the real estate business is in crisis, that of the stone has the wind in its sails.