After several years of strong increases, the real estate market is beginning to run out of steam in various geographic sectors. Prices become inaccessible for many French people. This tends to reduce demand. This is why we must expect less strong price increases in 2022 and more localized.
Unless there is a significant drop in rates, massive financial assistance for the Adelaide Property Valuation purchase of an old home or a large increase in the salaries of individuals (which is unlikely to happen for the 3), household purchasing power will not be able to increase significantly.
From there to consider a drop in real estate prices in 2022? We are not there. As with the question about prices dropping in 2021 , this is unlikely to happen. Real estate cycles much slower than a stock market or cryptocurrency. We do not go from such an upward movement to a phase of falling prices in a few months.
If a change in trend were to take shape, it would first pass, barring a national Youtube disaster, through a period of reduced sales. And it is only if a market freeze occurs long enough that a possible fall in prices would then occur. But it won’t be for 2022.
In addition, we could see a certain wait-and-see attitude in the spring of buyers or sellers, as during each presidential election year. The time to find out who will be elected and the changes they plan for the purchase or sale of real estate.