French real estate market contracts amid rising interest rates

Rising credit rates are slowing real estate transactions in France in the first half of 2026. Sales fell notably in March and April.

Century 21 network president Charles Marinakis stated on Monday that the market is contracting. He presented the network’s figures for the first half of 2026.

FNAIM president Loïc Cantin said professionals are witnessing a real halt. The number of transactions dropped by 11,000 units in March and April compared with the previous year.

The upturn seen in 2025, with around 950,000 sales thanks to lower rates, now seems distant. The rise in credit costs stems from the war in Iran, which pushed 10-year government bonds to 3.61 % on Monday.

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Argentina's real estate market holds steady in property deeds but faces a marked reduction in mortgage credit operations, according to specialists.

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The Banque de France has revised down its GDP growth forecast for 2026 to 0.5%, a cut of 0.4 points from its March projections.

Egypt’s real estate market continues to demonstrate resilience despite ongoing regional uncertainty, according to Savills Egypt. Developers are maintaining project pipelines and demand holds steady, despite rising energy costs.

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