Invest for the medium term
Investing your money in a primary, secondary or rental residence makes perfect sense today. But on two conditions: to avoid certain segments affected by the health crisis and to be ready to keep your property for at least ten or fifteen years, or even more if prices were to undergo significant corrections.
Real estate has shown surprising resilience in 2020. “While activity was almost at a standstill during confinements, or 25% of the time, the number of transactions declined very little,” notes Laurent Vimont, President of Century 21. The structural housing deficit has supported the price level throughout the territory. ” According to the latest figures from Notaires de France – the most representative -, prices have increased on average by + 5.2% over one year in the former (between the third quarter of 2019 and that of 2020), and 1,020,000 sales were concluded, i.e. only -4% compared to 2019.
FOLDER. How real estate is facing the crisis
In view of this resistance, a risk of b
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