Charles Marinakis (EDC 1985) Chairman, Century 21 France

Charles Marinakis (EDC 1985) President of Century 21 France, is optimistic about the real estate sector's emergence from the crisis. First-quarter figures show an increase in agency traffic, apartment visits and a fall in mortgage rates. Prices have also fallen, but supply remains insufficient. He predicts that prices will stabilize, with a slight drop of between 1% and 3%. However, the new-build market is in dire straits, and the real estate industry is in disarray.

To sum up:
💪 First-quarter figures show an increase in agency traffic and apartment visits.
💼 Property loan rates have fallen, which is good news for the market.
📉 Prices have also fallen, but supply remains insufficient.
🌍 Housing is a major challenge for society, for regional planning and for decarbonizing France.
🏢 The new-build market is in dire straits, and the real estate industry is in disarray.
🏦 The government is taking steps to support the sector, but regulatory and land constraints persist.
💪 The Century 21 agency network has shown strong resilience thanks to its rapid adaptation and local presence.