In the space of less than three years, the European Central Bank has gone from negative interest rates to record interest rates (4% today). If we add to this inflation linked to Covid and the war in Ukraine, the result is clear: the real estate market is slowing down throughout the European Union. In France, sales of new and old homes fell by more than 20% last year compared to 2022. A fall on a scale not seen in 50 years. And the consequences are being felt for companies in the sector.
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