Well, here's the straightforward summary: selling homes remains the "happy" side of the sector, while renting is a real headache. We've organized it for you so you can see it clearly.
1. Home Sales: Optimism and Good Pace
High confidence (although slightly less than before):
The sales index fell 2.1 points compared to the previous quarter, but remains strong at 72.2/100.
It remains among the best figures since 2018. A full year above 70 points is almost nothing.
Agencies remain encouraged:
54% believe they will sell more homes in the coming months. 49% expect to add more homes to their portfolio. Only 16% fear selling fewer homes, and 18% think they will add fewer.
Sales Prices:
54% expect price increases. 38% say they will remain stable. Barely 4%, and declines are on the horizon.
2. Rentals: Few Homes and Sky-High Prices
Less Confidence in Rentals:
The rental index fell 1 point, reaching 59.7. It's the first drop in over a year. Less confidence, but still above the barely pass mark (50 points).
Difficulties in attracting and closing contracts:
Only 25% of agencies expect to rent more homes soon. 24% anticipate attracting more rental apartments.
28% expect to attract fewer, and 27% believe they will close fewer contracts. Supply is scarce and the pressure is at its highest.
Rental prices are on the rise:
44% of agencies predict increases. 41% think they will remain the same. Only 3% see a possible decrease (optimistic, but few).
3. Changes in Rental Management
Fewer agencies managing rentals:
Almost 30% are no longer involved in rentals (this has increased since 2023). The reason? Changes in the Urban Rental Law, which have complicated matters. Another 20% say things are the same, neither better nor worse.
In short:
If you're looking to buy, the atmosphere is positive, but prices aren't going down, so forget about bargains. If you're looking to rent... be patient and keep your wallet, because things are bad and it doesn't look like they'll get better soon.