921 euros per square metre or the latter

The decline in prices in the ormer housing shows signs o shortness o breath. 20.500 Sample sales by Century 21, the a erage decrease in the national plan has reached 9.3 o er 12 months, at the end o June rom the same period the pre ious year, but was limited to 2.12 o er the last six months, compared with the second hal o 2008. The price o houses, which declined much earlier than that o the apartments, ell 0.6 (at 1.923 euros per square metre) o er six months, against 3.1 (2.921 euros per square metre) or the latter. The number o transactions still in withdrawal o 12 o er 12 months, but "the market is clearly unblocked and the olume o sales reconstitutes itsel o er six months with 22 o acti ity, commented the President o Century 21, Laurent imont. "In a manner General, in all geographical areas, there ore that prices retreating rom 10 to 15, obser ed a resumption o transactions". Sale time still extended or 10 days, or 101 days, but the margin o negotiation (the discounts granted by the seller) has remained stable at 7,69.

Is this the end o the lower prices I interest rates remain stable, "prices should complete their decline as it reaches 15 rom the irst hal o 2008 and can e en expected a rebound in prices i a ailable and saleable stocks decrease up to create an e ect o shortage," said Laurent imont in which stocks went rom 73.000 to an astounding 62 housing in six months.

By geographical areas, in Paris, rom lose steam, the decline o prices, later, accelerated: 8.3 o er a year ( 10.8 in Ile-de- rance) and 5.5 in hal -year. In Ile-de- rance (Paris included), where the bi-annual decline is similar to apartments ( 4.9, to 3.174 euros per square metre) and houses ( 4.5 to 2.637 euros per square metre). Lyon, who ell irst, saw real estate prices rise by 3 rom the second hal o 2008, while remaining ell by 11.3 o er a year, and the olume o transactions, as a result, rebounded to become higher than the irst hal o 2008.

Buyers wait

or incoming tenants, rent o apartments ga e 4.65 at the national le el ( 2.31 or houses, representing 17 o the market) on the twel e completed months late June o er the same period the pre ious year, according to the sample o 43.113 locations by Century 21. And the decline is accelerating: on the six months compared with the second hal o 2008, the rent o houses back 2.5 and 2.6 apartments. "We expect a continuation o the decline o the rent until the end o 2010," said Laurent imont. Because the new construction was rom 2003 to mid-2008, hal corresponds to sales to in estors and it will translate into deli eries until mid-2010. "Rents should increase again in 2011, when this low o placing on the market o new dwellings will be absorbed.

The decline is particularly large sur aces. In a year, the rent o the our-parts indeed declined 8.5 (to mo e rom 838 to 767 euros per month) when the a erage rent o studios has dropped to a modest 0.95, to EUR 416 and rom 3.1 to EUR 528 two-piece. Paris, where the nine is rare, is an exception. Rents are increase o 2.47 in one year ( 2.2 o er six months). urthermore, large areas ha e added more ( 3.9 o er 12 months or the three-parts) studios and the two-piece, which together 82 o the rental orm. The potential buyers wait pushes to become tenants pending a more sharp decline in the purchase price, with consequence that in one year the a erage net income o incoming tenants is passed, at the national le el, o 1,730 euros to 1.909 euros. On the other hand, with donors, the proportion o workers and employees climbs: it reached 13, which is a little more than unders executi es and liberal pro essions, which are in decline (12.9 o the sample against 14.5 a year pre iously). Because interest rates are low and inheritance, in these times o crisis, more readily place in stone in stock.