The purge of the excesses of the former housing market will not last long. The rebound of the volume of transactions recorded in June and then in the fall continued since and the price. "Secondo-homebuyers", who had deserted the market, confirm their return. "Without taking into account forced transactions (divorce, professional transfer...), their return since the fall continues currently because they feel that the fall in prices is over, that the market is stabilized," observes Bernard gift, estate agencies Orpi network responsible. Price, after to be stabilized in the third quarter, drove on the rise. "Their low point reached in the first half," says Laurent Vimont, President of Century 21 network, which recorded 44.000 transactions in 2009 ( 10 from 2008). The national decline in the price per square metre was 9.6 at end of June, but the net increase of 4.4 in the fourth quarter brought to 6,37 back on all of 2009, with an average price of 2.314 euros per metre square end of the year. 
These trends from Century 21 transactions, show that on the twelve months, the decrease in prices was more pronounced for houses (-7,5) and apartments (-4,6), which had begun earlier, fit in 2008. By regions, everything depends on the manner in which the price had been fixed in 2008. Only the Limousin, which had more declined in 2008 (-6,8), has grown (0.27) in 2009. Poitou-Charentes, where prices had risen a vigorous 5 in 2008, has been the last year the most severe correction (-14,4, to EUR 1.516 m2). The Franche-Comté, Languedoc-Roussillon and the Pays de la Loire, three regions which had registered a decrease in 2008 (-4 to-6), known in 2009 the lighter price erosion (less than 2). For others, or the majority of the French territory, the decline of last year is included between 3 and 9. Paris, the decline was 5.35, with an average price - 6.295 euros per square metre, and 8 elsewhere in island of France, with a strong rebound of the volume of selling homes ( 20) of the fact of a correction of price of 10.9 (4.3 for the apartments). Marseilles, prices play in roller coaster and vary from 1,500 to 6,000 euros per metre square in neighbourhoods. They had increased by 4 on average in the second half of 2008 and surrendered 11 in 2009, in a volume of transactions fell by 8.
"Households are at the limit of what they can borrow and if prices rise again by 4, they will plateau because the resistance threshold linked to purchasing power will be reached," said Laurent Vimont. If interest rates remain around 4, it is expected for 2010 to a new increase in the price of 1 to 3 in a rather flat market, between 500,000 and 550,000 transactions. A rebound in interest rates, however, block the market despite the desire of the households own their principal residence. Signs of a greater fluidity, constricts the negotiating margin (the difference between the price and the transaction): it was more than 6.11 for Century 21 in the fourth quarter, against 8.45 over the same period in 2008.
Join the chat with Laurent Vimont (Century 21), Friday at 11 p.m. on
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